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Wed, 19 January 2022

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Articles tagged with: VAT
A windfall tax shouldn’t be ruled out by the Conservatives
Economy
By Joe Tetlow
A windfall tax shouldn’t be ruled out by the Conservatives
As the government scrabbles to find policy solutions to cut bills ahead of whopping price increases this April, several things have become clear.
Keeping energy price cap in place will give family finances a break from rising cost of living
Economy
By Stephen McPartland MP
Keeping energy price cap in place will give family finances a break from rising cost of living
There has been a lot of focus on energy bills which may increase by an average of £700 per household this April. This has led to concern over the cost of living, but energy prices alone are not the problem.
Extending the Warm Home Discount will help more vulnerable families cope with soaring energy bills
Economy
By Damian Green MP
Extending the Warm Home Discount will help more vulnerable families cope with soaring energy bills
New year, new crisis. That’s the conventional wisdom of the commentariat, although the likelihood that 2022 would be a year of high inflation has been obvious for many months.
The tax burden that threatens to stop Britain’s beating heart Partner content
Communities
By Long Live the Local
The tax burden that threatens to stop Britain’s beating heart
Pubs are a key part of the social fabric of the UK, but unfair taxation is undermining the work they do for communities up and down the country – and now the great British local is fighting back.
Why it’s time for a VAT cut for hairdressers
Economy
By Maria Evangelou
Why it’s time for a VAT cut for hairdressers
The #SaveOurSalons campaign is calling on the government to cut the VAT for hair salons from 20% down to 5%, as they have done for the hospitality industry.
Pubs Say They Won't Make It Out Of Lockdown Without Cuts To Beer Tax, VAT And Rates
Coronavirus
Pubs Say They Won't Make It Out Of Lockdown Without Cuts To Beer Tax, VAT And Rates
The hospitality industry is warning without a raft of financial support in next week's Budget, businesses won’t make it until re-opening dates in the government’s roadmap to easing lockdown.
Exclusive: Two Central London Councils Have Told Rishi Sunak His Tax Plans Will Cause 'Irreversible Damage' To Their Economies
Coronavirus
Exclusive: Two Central London Councils Have Told Rishi Sunak His Tax Plans Will Cause "Irreversible Damage" To Their Economies
The leaders of two central London councils have written to the chancellor warning that plans to axe tax-free shopping could cause “irreversible damage” to their economies.
Rishi Sunak’s coronavirus economic update: what to look out for, what’s missing — and what it all means
Coronavirus
By Georgina Bailey
Rishi Sunak’s coronavirus economic update: what to look out for, what’s missing — and what it all means
After prime minister’s questions today, Rishi Sunak will rise to deliver an “economic update” to the Commons, following four months of lockdown and unprecedented Government spending to try and manage the Covid-19 crisis. Georgina Bailey sets the scene — and asks what the Chancellor might have up his sleeve
Rishi Sunak reportedly mulling VAT cut to boost economy amid coronavirus slump
Coronavirus
Rishi Sunak reportedly mulling VAT cut to boost economy amid coronavirus slump
Rishi Sunak is reportedly considering a VAT cut to get the economy moving as the UK continues to emerge from lockdown.
Coronavirus
By Chartered Institute of Building
Delay in VAT rule change gives construction firms room to breathe amid Covid-19
The Chartered Institute of Building (CIOB) has welcomed the Government's announcement that the start of the 'reverse charge' rule for VAT payments for construction services will be pushed back from October 2020 to March 2021, giving the industry breathing space amid Covid-19.
Coronavirus
By National Federation of Builders
VAT Reverse Charge delay is common sense
The Treasury have announced that the introduction of the ‘VAT Reverse Charge’ is now going to be delayed for a further five months, to 1st March 2021.
As costs increase whilst families self-isolate, VAT on energy bills should be scrapped
Coronavirus
By Jamie Stone MP
As costs increase whilst families self-isolate, VAT on energy bills should be scrapped
For those who already find themselves out of work or on reduced pay due to coronavirus, the thought of higher bills landing on the doorstep will add unbearable strain.