Changes to VAT penalties and interest from 01 January 2023

No further tax increases in Spring Statement Chancellor Rachel Reeves announced ‘no further tax increases’ in the 2025 Spring Statement.The Chancellor’s Autumn Budget contained a record £40 billion in tax increases. However, it did not raise personal taxes including, Income Tax, employee National Insurance contributions or VAT.Ms Reeves had pledged one fiscal event a year…

|

New VAT penalty regime and other VAT news

No further tax increases in Spring Statement Chancellor Rachel Reeves announced ‘no further tax increases’ in the 2025 Spring Statement.The Chancellor’s Autumn Budget contained a record £40 billion in tax increases. However, it did not raise personal taxes including, Income Tax, employee National Insurance contributions or VAT.Ms Reeves had pledged one fiscal event a year…

1.25% increase to NIC and dividend tax rates 

No further tax increases in Spring Statement Chancellor Rachel Reeves announced ‘no further tax increases’ in the 2025 Spring Statement.The Chancellor’s Autumn Budget contained a record £40 billion in tax increases. However, it did not raise personal taxes including, Income Tax, employee National Insurance contributions or VAT.Ms Reeves had pledged one fiscal event a year…

Budget 2021

No further tax increases in Spring Statement Chancellor Rachel Reeves announced ‘no further tax increases’ in the 2025 Spring Statement.The Chancellor’s Autumn Budget contained a record £40 billion in tax increases. However, it did not raise personal taxes including, Income Tax, employee National Insurance contributions or VAT.Ms Reeves had pledged one fiscal event a year…

| |

COVID-19 Update 3

No further tax increases in Spring Statement Chancellor Rachel Reeves announced ‘no further tax increases’ in the 2025 Spring Statement.The Chancellor’s Autumn Budget contained a record £40 billion in tax increases. However, it did not raise personal taxes including, Income Tax, employee National Insurance contributions or VAT.Ms Reeves had pledged one fiscal event a year…

| |

Update on Government schemes in response to COVID-19

No further tax increases in Spring Statement Chancellor Rachel Reeves announced ‘no further tax increases’ in the 2025 Spring Statement.The Chancellor’s Autumn Budget contained a record £40 billion in tax increases. However, it did not raise personal taxes including, Income Tax, employee National Insurance contributions or VAT.Ms Reeves had pledged one fiscal event a year…

|

COVID-19 Government schemes to help

No further tax increases in Spring Statement Chancellor Rachel Reeves announced ‘no further tax increases’ in the 2025 Spring Statement.The Chancellor’s Autumn Budget contained a record £40 billion in tax increases. However, it did not raise personal taxes including, Income Tax, employee National Insurance contributions or VAT.Ms Reeves had pledged one fiscal event a year…

Dividend 2017/18 and 2018/19

No further tax increases in Spring Statement Chancellor Rachel Reeves announced ‘no further tax increases’ in the 2025 Spring Statement.The Chancellor’s Autumn Budget contained a record £40 billion in tax increases. However, it did not raise personal taxes including, Income Tax, employee National Insurance contributions or VAT.Ms Reeves had pledged one fiscal event a year…

Autumn Budget 2017

No further tax increases in Spring Statement Chancellor Rachel Reeves announced ‘no further tax increases’ in the 2025 Spring Statement.The Chancellor’s Autumn Budget contained a record £40 billion in tax increases. However, it did not raise personal taxes including, Income Tax, employee National Insurance contributions or VAT.Ms Reeves had pledged one fiscal event a year…

Changes to flat-rate VAT in more detail with examples

No further tax increases in Spring Statement Chancellor Rachel Reeves announced ‘no further tax increases’ in the 2025 Spring Statement.The Chancellor’s Autumn Budget contained a record £40 billion in tax increases. However, it did not raise personal taxes including, Income Tax, employee National Insurance contributions or VAT.Ms Reeves had pledged one fiscal event a year…