VAT

EU trends show corporate and personal tax rates are on the up

21 May 12: The average standard VAT rates in the European Union's 27 countries have risen dramatically since 2008, a new report into taxation trends by the European Commission has found.

Motorists tell Treasury to cut upcoming 3p fuel duty

29 Feb 12: Plans to increase fuel duty by 3p should be axed in order to boost the UK economy and create thousands of jobs, campaigning group Fair Fuel UK has told the Government.

Chancellor faces increasing pressure for Budget tax-cuts

22 Feb 12: The Chancellor is facing mounting pressure from business groups and labour MPs to cut taxes in the upcoming Budget in order to stimulate economic growth and boost business.

Online VAT filing changes confirmed

12 Dec 11: HMRC has confirmed that from 1 April 2012, all VAT-registered businesses will have to send their VAT returns online and pay their VAT electronically.

Final call for VAT registration

01 Dec 11: HMRC has issued a final call for those taking part in the VAT Initiative to register for VAT by 31 December.

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