In brief

Budget

The chancellor of the exchequer will deliver the spring budget on 8 March.

RPI

The retail price index for November 2016 is 265.5.

Romanian VAT

Romania cut its VAT rate from 20% to 19% from 1 January.

Switzerland

The agreement between the UK and Switzerland on taxation co-operation ended on 31 December 2016. It came into force on 1 January 2013. From 1 January 2017 the two countries will share financial accounts data under the Organisation for Economic Co-operation and Development’s common reporting standard.

VAT MOSS

HMRC has published Information Sheet 01/17 showing the exchange rates for businesses registered in the UK for VAT mini one stop shop (MOSS) declarations.

Wales

The new fiscal framework for the Welsh government has been agreed between the UK and Welsh governments. It paves the way for...