VAT

HMRC publishes tax charter

HM Revenue and Customs (HMRC) has launched its taxpayers’ charter.

New Year VAT help for businesses

Some businesses in the leisure, hospitality and catering sectors are to be allowed to continue charging VAT at 15 per cent into the early part of New Year’s Day.

HMRC announces 'light touch' approach to VAT rate change

HM Revenue and Customs (HMRC) has said that it will apply a ‘light touch’ if businesses make mistakes on their returns following the forthcoming change in the standard rate of VAT.

Start-again firms 'facing' VAT bills

Businesses that start up gain after they have collapsed are, in some cases, being met with demands for significant up-front VAT payments, it has been claimed.

UK missing out on VAT revenue

The UK suffers the largest shortfall in VAT revenues of any country in the EU, it has been revealed.

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