14th September 2010
The European Commission has revised upwards its predictions for economic growth in the EU, but has suggested that the UK’s recovery may be hampered by the decision to increase VAT.
6th September 2010
The government is likely to axe this year’s pre-Budget Report, according to press reports.
2nd September 2010
Consumers believe that the forthcoming VAT increase will add more to shop prices than it actually will, a new study has claimed.
20th August 2010
Businesses have been advised by HM Revenue and Customs (HMRC) that it may be quicker if they themselves were to correct errors made in previous VAT returns.
16th August 2010
Just over a year ago, HMRC announced that the charitable buildings concession (Extra Statutory Concession 3.29, effectively ignoring for zero rating purposes up to 10 per cent non-qualifying use of a relevant building based on time, floor space or head-count) would be withdrawn on 1 July 2010.