Tag

15 May Economy

Conservative MP Wants Children's Clothing Tax Relief Extended To Ease Cost Of Living

A Conservative MP has called on the government to extend children’s clothing tax relief and come up with more “creative ideas” to win back voters who are feeling the bite of the cost of living after the party was faced with a tough set of local election results.

13 Jun 2022 Economy

We must urgently cut fuel duty and VAT to help struggling households with the rising cost of living

I am acutely aware of the need for warm, safe and affordable homes. National Energy Action, which is the leading charity for fuel poverty and of which I am honoured to be president, campaigns to ensure that everyone can afford to live in a warm home.

06 Apr 2022 Education

We should use our new Brexit freedoms to abolish VAT on school uniforms to help families with the cost of living

School uniforms are a crucial social leveller that helps reduce bullying and create a sense of belonging amongst pupils.

31 Mar 2022 Coronavirus

The hospitality industry ought to give the government credit for the generous support it received during Covid

As we emerge from the Covid pandemic I think we can all agree that this has been the most extraordinary time in most of our lives – and in the life of our nation. There will be many lessons to be learned.

12 Jan 2022 Economy

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.

11 Jan 2022 Economy

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.

08 Jan 2022 Economy

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

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11 Oct 2021 Communities

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.

03 Mar 2021 Economy

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.

23 Feb 2021 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.

01 Oct 2020 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.

08 Jul 2020 Coronavirus

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

21 Jun 2020 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.

10 Jun 2020 Coronavirus

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.

05 Jun 2020 Coronavirus

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.

25 Mar 2020 Coronavirus

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.