Scrapping VAT on domestic energy bills would save the average household £86 per year and cost an estimated £2.5bn per year to ...
UK motorists were hit with 1.6 million fines for illegally parking on yellow lines in 2024, according to new data. The AA, ...
VAT in the UK is 50 years old this month. VAT is one of the highest yielding taxes for the UK government with official government statistics that over £150 billion of UK VAT was collected last year, ...
Wes Streeting has ruled out introducing value added tax (VAT) on private healthcare at the forthcoming Budget. It comes after ...
The UK VAT rules applicable to VAT exempt supplies continue to be a frequent area of dispute with the UK tax authority (HMRC). They are also a set of rules that can lead to unexpected VAT costs ...
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What is the VAT Flat Rate Scheme and how does it work?
The VAT Flat Rate Scheme makes bookkeeping easier by allowing you to pay a fixed percentage of your VAT-inclusive turnover to ...
Chancellor Rachel Reeves is already looking at cutting the 5% VAT rate charged on energy bills and is also said to be ...
The UK government is currently planning to remove the value-added tax (VAT) on residential battery storage when installed either new or retroactively in conjunction with rooftop solar systems. “The ...
EV charging network Be.EV launches one of the UK’s cheapest ultra-rapid tariffs at 39p/kWh, undercutting petrol and diesel ...
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