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VAT hike means people will work longer to pay their taxes

It will require an extra three days for taxpayers to reach that point in the year when they will have earned enough income to pay their tax bills, the Adam Smith Institute has said.

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Measures needed to help businesses cope with the severe winter

The Government and the banks have been urged to lend their support to firms hit hard by the severe winter weather.

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Businesses reminded of imminent VAT rise

Businesses are being urged to ready themselves for the increase in the standard rate of VAT set for 4 January.

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New VAT rate could be here to stay

The new standard rate of VAT could become a permanent feature of the business landscape.

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VAT rise splits business response

There is a mix of strategies among business for dealing with the hike in VAT that is due to take effect as from 4 January next year.

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Pushing up VAT threshold would boost employment

Some 35,000 extra jobs could be created if the threshold at which small firms pay VAT is lifted, a leading business group has claimed.

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Medium-term growth positive, but VAT may hit immediate recovery

The British Chambers of Commerce (BBC) has issued its latest economic forecast and has said that the UK economy should experience an upturn in growth in 2012.

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Online recommendations receive guarded welcome from tax group

The government’s response to a report on improving its online services has won the qualified welcome of the Chartered Institute of Taxation (CIOT).

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VAT rise may hit growth

Next year’s increase in VAT may have an adverse affect on the recovery.

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Timing of the Chancellor’s autumn statement uncertain

The government has ruled out an official pre-Budget Report for this year, but has suggested that the Chancellor may make an autumn statement.

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