Lowering VAT charges on fuel may be politically attractive but is not good news for those who will struggle the most, say leading tax and advisory firm Blick Rothenberg Heather… The post Lowering VAT on fuel bills won’t work for the poorest appeared first on London Business News | Londonlovesbusiness.com.
VAT registered businesses have only months left to get ready for the latest Making Tax Digital (MTD) requirements, as the Government rolls out the next phase of its digital tax… The post All VAT registered businesses must comply with digital tax rules by April, warns Grunberg & Co appeared first on London Business News |…
The Night Time Industries Association, the main trade body representing businesses in the UK’s Night Time Economy, has called on the Government to urgently provide businesses with financial support through… The post The crippled hospitality sector calls for a ‘freeze of VAT at 12.5%’ and ‘to reinstate furlough for first quarter of 2022’ appeared first…
Despite soaring costs across the UK’s pub sector JD Wetherspoon are to cut the prices on a range of drinks throughout November for just 99p. This is an attempt to… The post Pub chain to sell some alcoholic drinks for just 99p despite VAT reductions being phased out appeared first on London Business News |…
The CEO of the Night Time Industries Association (NTIA), a leading hospitality trade body, has today written to the Chancellor urging him not to raise taxes on the sector in… The post Night time economy businesses warn Chancellor of ‘catastrophic impact’ of increased taxes appeared first on London Business News | Londonlovesbusiness.com.
Latest data from the Office for National Statistics (ONS) shows a second consecutive monthly fall in trade, with the effects of Brexit and the global pandemic resulting in the total… The post A fall in trade between the UK and EU shows UK SMEs are shunning EU exports appeared first on London Business News |…
Government figures have revealed that petrol prices have almost reached a record high. The Department for Business, Energy and Industrial Strategy said, on Monday the average price for a litre… The post Petrol prices have almost reached a record high appeared first on London Business News | Londonlovesbusiness.com.
The Chancellor Rishi Sunak is considering cutting VAT by 5% on energy bills as Brits are facing an expensive winter amid soaring gas prices. The Financial Times has reported that… The post VAT cut on energy bills would be ‘a welcome relief for the public’ appeared first on London Business News | Londonlovesbusiness.com.
A 7.5% rise in VAT hitting the hospitality industry in London and the South East from 1 October will slow the recovery and even trigger permanent closures, a tax expert… The post Tax and turnaround experts warn 7.5% VAT rise will hit hospitality sector including London appeared first on London Business News | Londonlovesbusiness.com.
