VAT

HMRC underestimates EU VAT impact

Posted On: Wednesday, 22 April 2015

HMRC miscalculated the number of small firms affected by the new EU VAT rules by more than 10,000%, according to a report by Enterprise Nation.

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Tax changes from 1 April

Posted On: Wednesday, 01 April 2015

A host of new tax changes affecting businesses and individuals have come into effect on 1 April. Here is a quick breakdown of the changes and how they may affect you.

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Scotland tax devolution legislation published

Posted On: Thursday, 29 January 2015

Draft legislation that will see the devolution of tax powers to Scotland has been published by the UK government.

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SMEs hindered by complex tax system, says business group

Posted On: Monday, 30 September 2013

Half of small businesses spend between two and eight hours each month trying to understand and calculate their taxes and complete their returns, a survey by the Federation of Small Businesses has found.

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Prioritise VAT fraud and online trading risks, report tells HMRC

Posted On: Wednesday, 03 July 2013

HM Revenue and Customs (HMRC) needs to do more to tackle VAT fraud and the emerging threat of losses from online trading, a report by the National Audit Office (NAO) has advised.

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