VAT in the UK is 50 years old this month. VAT is one of the highest yielding taxes for the UK government with official government statistics that over £150 billion of UK VAT was collected last year, ...
Passengers submitting expense claims may ask why a taxi receipt does not show VAT. Despite the most recent media around ‘Taxi ...
To combat this, Hospitality Ulster is calling for a five-year reduced VAT pilot to restore competitiveness and stabilise the ...
The VAT threshold is the volume of annual turnover at which businesses are required to register for value-added tax (VAT). Since April 2024, the UK VAT registration threshold has been £90,000. VAT ...
There are some simple but often overlooked steps that businesses can take to improve their UK VAT cash flow position Organizations can always benefit from an improved cash-flow position and given the ...
The Institute of Chartered Accountants in England and Wales (ICAEW) has expressed its support for the introduction of a new VAT relief that will apply to business donations of goods to charities in ...