VAT

VAT cut claims disputed

Figures suggesting that not all retailers passed on last December’s cut in VAT have been countered by a leading trade organisation.

VAT dropped from carbon credits

The government has acted to prevent the risk of fraud by removing VAT from carbon credits.

Businesses paying back deferred taxes

Businesses that delayed settling their tax bills under a scheme introduced by the government to help those struggling in the economic downturn are paying back the much of the money owed.

Charities get mobile phone VAT break

Charities are all set to benefit from a tax break on any donation made by text message.

VAT rise still looks set for end of December

Treasury plans to increase the rate of VAT to 17.5 per cent at the end of the year appear certain to go ahead.

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