Cut would deliver ‘Brexit dividend’ but ignore other commitments.
Sunak considers VAT cut on household energy bills
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VAT
Hospitality and tourism VAT rises to 12.5%
Trade bodies demand temporary rate be made permanent.
Widening tax gap casts doubt over MTD
HMRC misses out on £35bn in uncollected taxes.
Repaid VAT triggers spike in tax receipts
HMRC warns against comparing recent annual tax receipts.
Sweeping VAT changes for goods outside the EU
The EU launches its long-awaited one-stop shop.
HMRC publishes penalties for not paying deferred VAT
Businesses can still make arrangements to avoid penalties.
VAT reverse charge reminder
The charge comes into effect from 1 March 2021.
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