Changes to VAT penalties and interest from 01 January 2023
UK economic growth to halve this year, warns BCC UK economic growth is expected to halve this year amid soaring inflation, major tax rises, and global shocks including Russia’s invasion of Ukraine, warns the British Chambers of Commerce (BCC).The BCC has downgraded its expectations for UK GDP growth in 2022 to 3.6% from 4.2% in…