VAT

VAT cut kicks in for certain sectors

15 Jul 20

Standard rate temporarily falls from 20% to 5%.

UK tax gap drops to record low

13 Jul 20

More than 95% of tax owed in 2018/19 was collected.

Javid calls for business taxes to be cut

23 Jun 20

Temporary tax cuts may be revealed in July.

Firms urged to reinstate VAT direct debits

19 Jun 20

The VAT deferral period ends on 30 June 2020.

Treasury may consider temporary cut to VAT

15 Jun 20

Pressure on the Chancellor to follow Germany’s lead.

Reverse charge VAT for builders delayed again

09 Jun 20

COVID-19 restrictions trigger a five-month delay.

Businesses get VAT help reminder

30 Apr 20

Direct debits should be cancelled before 7 May.

Govt. to pay up to 80% of workers’ wages

23 Mar 20

Other concessions announced for businesses.

Tax body demands VAT simplification

13 Mar 20

Rules for food and drink ‘overly complex’.

Most firms not benefitting from MTD for VAT

29 Jan 20

Businesses report extra costs and obligations.

Reverse charge VAT for builders delayed

09 Sep 19

1 October 2020 implementation planned.

VAT reverse charge ‘should be delayed’

08 Aug 19

CIOT says construction businesses are unprepared.

Firms set for first quarterly VAT returns through MTD

18 Jul 19

HMRC urges businesses to sign up before 7 August.

MTD and Brexit cause HMRC helpline delays

05 Jul 19

Less than 42% of calls answered in May 2019.

HMRC issues new VAT reverse charge guidance

17 Jun 19

Domestic reverse charge to take effect from 1 October.

Early MTD sign-ups could result in penalties

30 Apr 19

Businesses urged to prioritise VAT payments.

Firms told to guard against MTD complacency

21 Mar 19

Making Tax Digital for VAT commences on 1 April 2019.

Businesses urged to reclaim EU VAT before Brexit

22 Feb 19

No-deal complications could cause VAT refund delays.

Pressure builds for MTD delay

20 Feb 19

Taxation bodies say ‘clarity and guidance’ is needed.

Peers issue warning on MTD

23 Nov 18

House of Lords committee report raises concerns.

Syndicate content