The new VAT rate may hit the most vulnerable, according to an action group
which has warned about the impact on disabled people.
The Low Incomes Tax Reform Group wants a review of existing tax relief for
disabled people, to avoid confusion and anguish once the new tax rate takes
Chancellor George Osborne announced an increase in VAT to 20% in his budget
LITRG’s Technical Director, Robin Williamson, said the current model lacks
“coherence and logic”.
“The increase in the VAT standard rate, without a balancing extension of
reliefs or reduced rates, will make life yet more difficult for people with
disabilities,” he said.
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Government's estimate of a £400m admin saving from Making Tax Digital is way off - and is instead a huge cost burden, warns Lamont Pridmore chief executive Graham Lamont