Changes to VAT penalties and interest from 01 January 2023

Inflation remains close to 40-year high Inflation remains close to a 40-year high despite falling in January, according to the latest data from the Office for National Statistics (ONS).The ONS found that inflation fell to 10.1% in the year to January 2023 from 10.5% in December 2022. The Bank of England has also reported that…

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New VAT penalty regime and other VAT news

Inflation remains close to 40-year high Inflation remains close to a 40-year high despite falling in January, according to the latest data from the Office for National Statistics (ONS).The ONS found that inflation fell to 10.1% in the year to January 2023 from 10.5% in December 2022. The Bank of England has also reported that…

1.25% increase to NIC and dividend tax ratesĀ 

Inflation remains close to 40-year high Inflation remains close to a 40-year high despite falling in January, according to the latest data from the Office for National Statistics (ONS).The ONS found that inflation fell to 10.1% in the year to January 2023 from 10.5% in December 2022. The Bank of England has also reported that…

Budget 2021

Inflation remains close to 40-year high Inflation remains close to a 40-year high despite falling in January, according to the latest data from the Office for National Statistics (ONS).The ONS found that inflation fell to 10.1% in the year to January 2023 from 10.5% in December 2022. The Bank of England has also reported that…

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Update on Government schemes in response to COVID-19

Inflation remains close to 40-year high Inflation remains close to a 40-year high despite falling in January, according to the latest data from the Office for National Statistics (ONS).The ONS found that inflation fell to 10.1% in the year to January 2023 from 10.5% in December 2022. The Bank of England has also reported that…

Autumn Budget 2017

Inflation remains close to 40-year high Inflation remains close to a 40-year high despite falling in January, according to the latest data from the Office for National Statistics (ONS).The ONS found that inflation fell to 10.1% in the year to January 2023 from 10.5% in December 2022. The Bank of England has also reported that…

Changes to flat-rate VAT in more detail with examples

Inflation remains close to 40-year high Inflation remains close to a 40-year high despite falling in January, according to the latest data from the Office for National Statistics (ONS).The ONS found that inflation fell to 10.1% in the year to January 2023 from 10.5% in December 2022. The Bank of England has also reported that…