14th July 2010
Attempts in Parliament to head off the government’s proposed increase in the rate of VAT have been defeated.
12th July 2010
It is thought that the government may look at removing, if only temporarily, the autumn pre-Budget Report.
6th July 2010
HM Revenue and Customs (HMRC) has reminded businesses of changes to the rules on VAT which mean that many must now file returns and make payments online.
23rd June 2010
Business groups appear to have accepted the emergency Budget rise in VAT to 20 per cent with a certain resigned stoicism.
22nd June 2010
Not for a political generation or two has a Budget generated such intense interest. Pre-announcements by the Coalition Government had prepared everyone for large-scale changes to the tax system and for deep public spending cuts.