Changes to VAT penalties and interest from 01 January 2023

Introduction Chancellor brings forward further medium-term fiscal plan measuresAs the saying goes, a week is a long time in politics. However, recent events have been unprecedented. At the Mini Budget a new Prime Minister and Chancellor launched a new agenda, ‘The Growth Plan’.Three weeks later, after huge turmoil, a reversal of most of the elements…

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New VAT penalty regime and other VAT news

Introduction Chancellor brings forward further medium-term fiscal plan measuresAs the saying goes, a week is a long time in politics. However, recent events have been unprecedented. At the Mini Budget a new Prime Minister and Chancellor launched a new agenda, ‘The Growth Plan’.Three weeks later, after huge turmoil, a reversal of most of the elements…

1.25% increase to NIC and dividend tax ratesĀ 

Introduction Chancellor brings forward further medium-term fiscal plan measuresAs the saying goes, a week is a long time in politics. However, recent events have been unprecedented. At the Mini Budget a new Prime Minister and Chancellor launched a new agenda, ‘The Growth Plan’.Three weeks later, after huge turmoil, a reversal of most of the elements…

Budget 2021

Introduction Chancellor brings forward further medium-term fiscal plan measuresAs the saying goes, a week is a long time in politics. However, recent events have been unprecedented. At the Mini Budget a new Prime Minister and Chancellor launched a new agenda, ‘The Growth Plan’.Three weeks later, after huge turmoil, a reversal of most of the elements…

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COVID-19 Update 3

Introduction Chancellor brings forward further medium-term fiscal plan measuresAs the saying goes, a week is a long time in politics. However, recent events have been unprecedented. At the Mini Budget a new Prime Minister and Chancellor launched a new agenda, ‘The Growth Plan’.Three weeks later, after huge turmoil, a reversal of most of the elements…

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Update on Government schemes in response to COVID-19

Introduction Chancellor brings forward further medium-term fiscal plan measuresAs the saying goes, a week is a long time in politics. However, recent events have been unprecedented. At the Mini Budget a new Prime Minister and Chancellor launched a new agenda, ‘The Growth Plan’.Three weeks later, after huge turmoil, a reversal of most of the elements…

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COVID-19 Government schemes to help

Introduction Chancellor brings forward further medium-term fiscal plan measuresAs the saying goes, a week is a long time in politics. However, recent events have been unprecedented. At the Mini Budget a new Prime Minister and Chancellor launched a new agenda, ‘The Growth Plan’.Three weeks later, after huge turmoil, a reversal of most of the elements…

Dividend 2017/18 and 2018/19

Introduction Chancellor brings forward further medium-term fiscal plan measuresAs the saying goes, a week is a long time in politics. However, recent events have been unprecedented. At the Mini Budget a new Prime Minister and Chancellor launched a new agenda, ‘The Growth Plan’.Three weeks later, after huge turmoil, a reversal of most of the elements…

Autumn Budget 2017

Introduction Chancellor brings forward further medium-term fiscal plan measuresAs the saying goes, a week is a long time in politics. However, recent events have been unprecedented. At the Mini Budget a new Prime Minister and Chancellor launched a new agenda, ‘The Growth Plan’.Three weeks later, after huge turmoil, a reversal of most of the elements…

Changes to flat-rate VAT in more detail with examples

Introduction Chancellor brings forward further medium-term fiscal plan measuresAs the saying goes, a week is a long time in politics. However, recent events have been unprecedented. At the Mini Budget a new Prime Minister and Chancellor launched a new agenda, ‘The Growth Plan’.Three weeks later, after huge turmoil, a reversal of most of the elements…