Sunak considers VAT cut on household energy bills

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

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Hospitality and tourism VAT rises to 12.5%

Trade bodies demand temporary rate be made permanent.

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Repaid VAT triggers spike in tax receipts

HMRC warns against comparing recent annual tax receipts.

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Sweeping VAT changes for goods outside the EU

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

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Sweeping EU VAT reforms to affect online retailers

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

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HMRC seeks to remove VAT repayment supplement

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

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