Changes to VAT penalties and interest from 01 January 2023

MPs open inquiry into £155 billion of tax reliefs The Public Accounts Committee (PAC) has opened an inquiry into the UK’s management of £155 billion of tax relief.The inquiry follows the February publication of a National Audit Office (NAO) report that identified over 300 such tax interventions, totalling £155 billion per year.The NAO raised concerns…

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New VAT penalty regime and other VAT news

MPs open inquiry into £155 billion of tax reliefs The Public Accounts Committee (PAC) has opened an inquiry into the UK’s management of £155 billion of tax relief.The inquiry follows the February publication of a National Audit Office (NAO) report that identified over 300 such tax interventions, totalling £155 billion per year.The NAO raised concerns…

1.25% increase to NIC and dividend tax rates 

MPs open inquiry into £155 billion of tax reliefs The Public Accounts Committee (PAC) has opened an inquiry into the UK’s management of £155 billion of tax relief.The inquiry follows the February publication of a National Audit Office (NAO) report that identified over 300 such tax interventions, totalling £155 billion per year.The NAO raised concerns…

Budget 2021

MPs open inquiry into £155 billion of tax reliefs The Public Accounts Committee (PAC) has opened an inquiry into the UK’s management of £155 billion of tax relief.The inquiry follows the February publication of a National Audit Office (NAO) report that identified over 300 such tax interventions, totalling £155 billion per year.The NAO raised concerns…

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COVID-19 Update 3

MPs open inquiry into £155 billion of tax reliefs The Public Accounts Committee (PAC) has opened an inquiry into the UK’s management of £155 billion of tax relief.The inquiry follows the February publication of a National Audit Office (NAO) report that identified over 300 such tax interventions, totalling £155 billion per year.The NAO raised concerns…

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Update on Government schemes in response to COVID-19

MPs open inquiry into £155 billion of tax reliefs The Public Accounts Committee (PAC) has opened an inquiry into the UK’s management of £155 billion of tax relief.The inquiry follows the February publication of a National Audit Office (NAO) report that identified over 300 such tax interventions, totalling £155 billion per year.The NAO raised concerns…

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COVID-19 Government schemes to help

MPs open inquiry into £155 billion of tax reliefs The Public Accounts Committee (PAC) has opened an inquiry into the UK’s management of £155 billion of tax relief.The inquiry follows the February publication of a National Audit Office (NAO) report that identified over 300 such tax interventions, totalling £155 billion per year.The NAO raised concerns…

Dividend 2017/18 and 2018/19

MPs open inquiry into £155 billion of tax reliefs The Public Accounts Committee (PAC) has opened an inquiry into the UK’s management of £155 billion of tax relief.The inquiry follows the February publication of a National Audit Office (NAO) report that identified over 300 such tax interventions, totalling £155 billion per year.The NAO raised concerns…

Autumn Budget 2017

MPs open inquiry into £155 billion of tax reliefs The Public Accounts Committee (PAC) has opened an inquiry into the UK’s management of £155 billion of tax relief.The inquiry follows the February publication of a National Audit Office (NAO) report that identified over 300 such tax interventions, totalling £155 billion per year.The NAO raised concerns…

Changes to flat-rate VAT in more detail with examples

MPs open inquiry into £155 billion of tax reliefs The Public Accounts Committee (PAC) has opened an inquiry into the UK’s management of £155 billion of tax relief.The inquiry follows the February publication of a National Audit Office (NAO) report that identified over 300 such tax interventions, totalling £155 billion per year.The NAO raised concerns…