VAT

3p rise in fuel duty is postponed

27 Jun 12

The Government has announced the 3p rise in fuel duty, planned for August, will not go ahead this year.

Charities, pasties and caravans: Chancellor makes series of Budget U-turns

01 Jun 12

Chancellor George Osborne has dropped plans to limit the amount of tax relief on charitable giving, after listening to the concerns of charities.

EU trends show corporate and personal tax rates are on the up

21 May 12

The average standard VAT rates in the European Union's 27 countries have risen dramatically since 2008, a new report into taxation trends by the European Commission has found.

Motorists tell Treasury to cut upcoming 3p fuel duty

29 Feb 12

Plans to increase fuel duty by 3p should be axed in order to boost the UK economy and create thousands of jobs, campaigning group Fair Fuel UK has told the Government.

Chancellor faces increasing pressure for Budget tax-cuts

22 Feb 12

The Chancellor is facing mounting pressure from business groups and labour MPs to cut taxes in the upcoming Budget in order to stimulate economic growth and boost business.

Online VAT filing changes confirmed

12 Dec 11

HMRC has confirmed that from 1 April 2012, all VAT-registered businesses will have to send their VAT returns online and pay their VAT electronically.

Final call for VAT registration

01 Dec 11

HMRC has issued a final call for those taking part in the VAT Initiative to register for VAT by 31 December.

Are your records adequate? HMRC extends Business Record Checks

29 Sep 11

The number of checks carried out on the adequacy of small and medium sized enterprises' business records is set to increase.

Playing politics will not help the economy

26 Sep 11

Politicians must stop 'playing politics' and work together to come up with a credible plan for growth, the Federation of Small Businesses (FSB) has warned.

HMRC gives VAT rule breakers registration deadline

09 Sep 11

VAT rule breakers have been given until 30 September to register to pay VAT.

Taxes help boost public finances

19 Aug 11

The public purse headed into the black last month despite the poor performance of the economy.

HMRC opens civil disorder hotline

12 Aug 11

HM Revenue and Customs (HMRC) has set up a special helpline for those businesses affected by the riots that swept across several English cities.

Move towards compulsory online VAT filing

11 Aug 11

HM Revenue and Customs (HMRC) has put forward recommendations that all VAT-registered businesses with a turnover below £100,000 should file their returns online.

HMRC issues VAT reminder

05 Aug 11

HM Revenue and Customs (HMRC) has published a reminder that businesses, whatever their turnover, which registered for VAT on or after 1 April 2010 must submit their returns online and pay any VAT due electronically. By April 2012 this will apply to all VAT- registered businesses.