VAT

VAT rise may hit growth

Next year’s increase in VAT may have an adverse affect on the recovery.

Timing of the Chancellor’s autumn statement uncertain

The government has ruled out an official pre-Budget Report for this year, but has suggested that the Chancellor may make an autumn statement.

Reform the tax system, urges review

The government should consider a broad reform of the UK tax system, including an extension of the number to goods on which VAT is charged, a think tank has argued.

Chancellor sets 2011 Budget date

Next year’s Budget will be delivered on 23 March.

VAT rise and spending cuts to push up job losses

The increase in VAT to 20 per cent and the reductions in public spending announced by the government could mean the loss of as many as 1.6 million jobs, the Chartered Institute of Personnel and Development (CIPD) has claimed.

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