Greg McNally, managing partner at VITA, examines the complexities of implementing the reduced 5% summer VAT rate on kid’s meals and attractions at short notice with tips and advice on what businesses need to do
April tax figures show big increase in income tax and capital gains tax as HMRC pulls in more revenue from high tax burden, and huge hikes at the forecourt see more VAT going to the Treasury
Summer cuts to VAT to 5% for children’s meals across hospitality sector and visitor attractions, tax free mileage rate increased and foreign branch exemption removed for oil and gas sector
Soaring tax receipts up nearly 10% in just 12 months as hike in employer national insurance reaps huge benefits for the Treasury, capital gains tax explodes, and record amount of VAT collected
Gang of four Scottish businessmen took ‘as much VAT money as possible before HMRC cottoned on’ stealing £8.8m with plans to build luxury property in Bulgaria
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