VAT

HMRC launches VAT deferral new payment scheme

25 Feb 21

Firms can pay equal consecutive monthly instalments from March 2021.

Treasury delays business rates review

22 Feb 21

Report pushed back due to pandemic uncertainty.

VAT reverse charge reminder

16 Feb 21

The charge comes into effect from 1 March 2021.

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.