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…

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New VAT penalty regime and other VAT news

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…

1.25% increase to NIC and dividend tax ratesĀ 

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…

Budget 2021

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…

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Update on Government schemes in response to COVID-19

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…

Dividend 2017/18 and 2018/19

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…

Autumn Budget 2017

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…

Changes to flat-rate VAT in more detail with examples

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…