VAT

Rules for food and drink ‘overly complex’.

Businesses report extra costs and obligations.

1 October 2020 implementation planned.

Less than 42% of calls answered in May 2019.

Businesses urged to prioritise VAT payments.

No-deal complications could cause VAT refund delays.

Taxation bodies say ‘clarity and guidance’ is needed.

House of Lords committee report raises concerns.

Pilot scheme now open to companies and sole traders.

Intuit, Sage and Xero all gain the Revenue’s approval.