Government Initiatives

Changing back to the old rate of VAT

On 1 January 2010, the standard rate of VAT reverts to 17.5 per cent after a period of 13 months at 15 per cent.

Read more

Businesses get extra time to update VAT prices

Businesses are to get additional time in which to update price labels after the rate of VAT reverts to 17.5 per cent.

Read more

Pre-Budget Report 2009: business reaction

Business groups greeted the Chancellor’s pre-Budget Report with a mixture of encouragement and dismay.

Read more

Pre-Budget Report 2009: an overview

The Chancellor, Alistair Darling introduced a pre-election pre-Budget Report to the Commons that would, he said, “build a strong economy and a fair society”.

Read more

Pre-Budget Report 2009: business tax

To the relief of smaller firms, the Chancellor has deferred the planned rise in the rate of small companies’ corporation tax.

Read more

Pre-Budget Report 2009: business support

The Chancellor used the opportunity of the pre-Budget Report to commit the government to providing support for businesses during the economic recovery.

Read more

Pre-Budget Report 2009: VAT

Changes to the flat rate VAT scheme have been announced in the pre-Budget Report.

Read more

Pre-Budget Report 2009: employment

The Chancellor set out measures to tackle growing unemployment among younger people.

Read more

'Increase' VAT to cut public finance gap

The government should consider a rise in the rate of VAT as a way of closing the gap in public finances.

Read more
Syndicate content