HMRC launches VAT deferral new payment scheme
25- 02- 2021Firms can pay equal consecutive monthly instalments from March 2021.
VAT
Treasury delays business rates review
22- 02- 2021Report pushed back due to pandemic uncertainty.
VAT reverse charge reminder
16- 02- 2021The charge comes into effect from 1 March 2021.
VAT cut kicks in for certain sectors
15- 07- 2020Standard rate temporarily falls from 20% to 5%.
UK tax gap drops to record low
13- 07- 2020More than 95% of tax owed in 2018/19 was collected.