Changes to VAT penalties and interest from 01 January 2023

Bank of England raises interest rates for third time in a row The Bank of England has raised interest rates for the third consecutive time.The Bank also warned that the Ukraine conflict could see under-pressure households hit with double-digit inflation later this year.Members of the Bank’s Monetary Policy Committee (MPC) voted eight to one to…

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New VAT penalty regime and other VAT news

Bank of England raises interest rates for third time in a row The Bank of England has raised interest rates for the third consecutive time.The Bank also warned that the Ukraine conflict could see under-pressure households hit with double-digit inflation later this year.Members of the Bank’s Monetary Policy Committee (MPC) voted eight to one to…

1.25% increase to NIC and dividend tax ratesĀ 

Bank of England raises interest rates for third time in a row The Bank of England has raised interest rates for the third consecutive time.The Bank also warned that the Ukraine conflict could see under-pressure households hit with double-digit inflation later this year.Members of the Bank’s Monetary Policy Committee (MPC) voted eight to one to…

Budget 2021

Bank of England raises interest rates for third time in a row The Bank of England has raised interest rates for the third consecutive time.The Bank also warned that the Ukraine conflict could see under-pressure households hit with double-digit inflation later this year.Members of the Bank’s Monetary Policy Committee (MPC) voted eight to one to…

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Update on Government schemes in response to COVID-19

Bank of England raises interest rates for third time in a row The Bank of England has raised interest rates for the third consecutive time.The Bank also warned that the Ukraine conflict could see under-pressure households hit with double-digit inflation later this year.Members of the Bank’s Monetary Policy Committee (MPC) voted eight to one to…

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COVID-19 Government schemes to help

Bank of England raises interest rates for third time in a row The Bank of England has raised interest rates for the third consecutive time.The Bank also warned that the Ukraine conflict could see under-pressure households hit with double-digit inflation later this year.Members of the Bank’s Monetary Policy Committee (MPC) voted eight to one to…

Dividend 2017/18 and 2018/19

Bank of England raises interest rates for third time in a row The Bank of England has raised interest rates for the third consecutive time.The Bank also warned that the Ukraine conflict could see under-pressure households hit with double-digit inflation later this year.Members of the Bank’s Monetary Policy Committee (MPC) voted eight to one to…

Autumn Budget 2017

Bank of England raises interest rates for third time in a row The Bank of England has raised interest rates for the third consecutive time.The Bank also warned that the Ukraine conflict could see under-pressure households hit with double-digit inflation later this year.Members of the Bank’s Monetary Policy Committee (MPC) voted eight to one to…

Changes to flat-rate VAT in more detail with examples

Bank of England raises interest rates for third time in a row The Bank of England has raised interest rates for the third consecutive time.The Bank also warned that the Ukraine conflict could see under-pressure households hit with double-digit inflation later this year.Members of the Bank’s Monetary Policy Committee (MPC) voted eight to one to…