Items already zero-rated for VAT, such as children’s clothes, food and books,
must be kept exempt from the VAT rise or hit the must vulnerable members of our
society, warns the British Retail Consortium.
With the new government expected to introduce a VAT rise in the emergency
Budget, the consortium said a rise would impact on the retailing sector and the
The consortium welcomed plans for an 80:20 split on public sector cuts to tax
increases, and halving the deficit over fours years.
Making Tax Digital will impose significant additional tax compliance costs on small businesses for little or no medium term benefit, tax and small business experts told MPs
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
Does Darwin's theory apply to taxation? Colin ponders...