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Sunak considers VAT cut on household energy bills

Cut would deliver ‘Brexit dividend’ but ignore other commitments.

Hospitality and tourism VAT rises to 12.5%

Trade bodies demand temporary rate be made permanent.

Repaid VAT triggers spike in tax receipts

HMRC warns against comparing recent annual tax receipts.

Sweeping VAT changes for goods outside the EU

The EU launches its long-awaited one-stop shop.

Sweeping EU VAT reforms to affect online retailers

Three reforms to the EU’s VAT rules take effect from 1 July 2021.

HMRC seeks to remove VAT repayment supplement

Tax body warns of potentially ‘devastating’ impact on VAT-registered businesses’ cashflow.

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