Total VAT receipts in the financial year 2023-24 increased by 6% to almost £169bn compared to just under £160bn in 2022-23, according to HMRC’s statistics.
The VAT population fell...
The EU economic and financial affairs council (ECOFIN) has reached agreement on the EU’s VAT in the digital age (ViDA) initiative. The agreement covers three acts – a directive, a...
The Independent Schools Council (ISC) is to launch legal action against the government’s decision to levy VAT on independent school fees.
The ISC, an umbrella body for seven associations...
From 6 April 2025, tax agents who submit income tax or PAYE repayment claims on behalf of others and who are nominated to receive the repayment will need to use an advanced electronic signature...
Finance BillThe Finance Bill 2024-25 and accompanying explanatory notes have been published. The bill has 86 clauses and 13 schedules. It was given its first reading in the House of Commons on 6...