VAT

No new taxes and a moratorium on regulations, says BCC

The British Chambers of Commerce (BCC) has called on the government not to impose new business taxes and to reduce the burden of red tape in its Budget submission.

Read more

Simplified de minimis VAT tests for partial exemption

With effect from VAT periods or VAT years starting on or after 1 April 2010, two new, optional de minimis tests will be introduced to save certain partly exempt businesses the need to carry out complicated and time-consuming calculations.

Read more

VAT returns and payments are going online

Businesses need to be aware that significant changes to the way that VAT returns are filed and payments are made will be coming into effect very soon.

Read more

New business regulations come into effect this April

Each year, the government introduces regulatory changes affecting businesses on two common commencement dates. These dates are 6 April and 1 October.

Read more

Call for Budget to 'review' flat rate VAT

The government has been urged to look at the issue of flat rate VAT charges in the forthcoming Budget.

Read more

Complicated tax rules 'stifle' business growth

Three out of four small firms would be better placed to develop their businesses if the tax regime were simpler, a new survey has claimed.

Read more

Revenue and Customs briefs from 2007 and 2008 re-issued

On 12 January 2010, HMRC saw fit to re-issue a number of Revenue & Customs Briefs originally issued in 2007 and 2008.

Read more

Changes to VAT payments by post

HM Revenue and Customs (HMRC) has announced that, as from 1 April 2010, all cheque payments by post will be treated as being received on the date when the cleared funds reach HMRC’s bank account.

Read more
Syndicate content