VAT

18/10/21:

Sunak considers VAT cut on household energy bills

Cut would deliver ‘Brexit dividend’ but ignore other commitments.

04/10/21:

Hospitality and tourism VAT rises to 12.5%

Trade bodies demand temporary rate be made permanent.

20/09/21:

Widening tax gap casts doubt over MTD

HMRC misses out on £35bn in uncollected taxes.

20/08/21:

Repaid VAT triggers spike in tax receipts

HMRC warns against comparing recent annual tax receipts.

02/07/21:

Sweeping VAT changes for goods outside the EU

The EU launches its long-awaited one-stop shop.

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