Changes to VAT penalties and interest from 01 January 2023

IMF criticises government over tax plans The International Monetary Fund (IMF) warned the UK government against ‘large and untargeted fiscal packages’ following the Mini Budget.The IMF stated that tax measures announced by Chancellor Kwasi Kwarteng in the recent Mini Budget are likely to increase inequality.On 23 September, the Chancellor used the Mini Budget to announce…

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New VAT penalty regime and other VAT news

IMF criticises government over tax plans The International Monetary Fund (IMF) warned the UK government against ‘large and untargeted fiscal packages’ following the Mini Budget.The IMF stated that tax measures announced by Chancellor Kwasi Kwarteng in the recent Mini Budget are likely to increase inequality.On 23 September, the Chancellor used the Mini Budget to announce…

1.25% increase to NIC and dividend tax ratesĀ 

IMF criticises government over tax plans The International Monetary Fund (IMF) warned the UK government against ‘large and untargeted fiscal packages’ following the Mini Budget.The IMF stated that tax measures announced by Chancellor Kwasi Kwarteng in the recent Mini Budget are likely to increase inequality.On 23 September, the Chancellor used the Mini Budget to announce…

Budget 2021

IMF criticises government over tax plans The International Monetary Fund (IMF) warned the UK government against ‘large and untargeted fiscal packages’ following the Mini Budget.The IMF stated that tax measures announced by Chancellor Kwasi Kwarteng in the recent Mini Budget are likely to increase inequality.On 23 September, the Chancellor used the Mini Budget to announce…

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COVID-19 Update 3

IMF criticises government over tax plans The International Monetary Fund (IMF) warned the UK government against ‘large and untargeted fiscal packages’ following the Mini Budget.The IMF stated that tax measures announced by Chancellor Kwasi Kwarteng in the recent Mini Budget are likely to increase inequality.On 23 September, the Chancellor used the Mini Budget to announce…

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Update on Government schemes in response to COVID-19

IMF criticises government over tax plans The International Monetary Fund (IMF) warned the UK government against ‘large and untargeted fiscal packages’ following the Mini Budget.The IMF stated that tax measures announced by Chancellor Kwasi Kwarteng in the recent Mini Budget are likely to increase inequality.On 23 September, the Chancellor used the Mini Budget to announce…

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COVID-19 Government schemes to help

IMF criticises government over tax plans The International Monetary Fund (IMF) warned the UK government against ‘large and untargeted fiscal packages’ following the Mini Budget.The IMF stated that tax measures announced by Chancellor Kwasi Kwarteng in the recent Mini Budget are likely to increase inequality.On 23 September, the Chancellor used the Mini Budget to announce…

Dividend 2017/18 and 2018/19

IMF criticises government over tax plans The International Monetary Fund (IMF) warned the UK government against ‘large and untargeted fiscal packages’ following the Mini Budget.The IMF stated that tax measures announced by Chancellor Kwasi Kwarteng in the recent Mini Budget are likely to increase inequality.On 23 September, the Chancellor used the Mini Budget to announce…

Autumn Budget 2017

IMF criticises government over tax plans The International Monetary Fund (IMF) warned the UK government against ‘large and untargeted fiscal packages’ following the Mini Budget.The IMF stated that tax measures announced by Chancellor Kwasi Kwarteng in the recent Mini Budget are likely to increase inequality.On 23 September, the Chancellor used the Mini Budget to announce…

Changes to flat-rate VAT in more detail with examples

IMF criticises government over tax plans The International Monetary Fund (IMF) warned the UK government against ‘large and untargeted fiscal packages’ following the Mini Budget.The IMF stated that tax measures announced by Chancellor Kwasi Kwarteng in the recent Mini Budget are likely to increase inequality.On 23 September, the Chancellor used the Mini Budget to announce…