VAT

Increase in Time to Pay rejections

31 Jan 11

There was an increase last year in the number of requests to defer business tax payments under the Time to Pay scheme that were refused by HM Revenue and Customs.

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VAT rise could put pressure on smaller firms

25 Jan 11

As many as one in three of small businesses will struggle to cope with the recent VAT rise, a new survey has claimed.

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Small businesses prepared to pay for tax simplification

19 Jan 11

Small business owners would be willing to dip into their own bank accounts in order to bring about a fairer and less complex tax system, a new survey has claimed.

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VAT and fuel duty pose greater threat to small firms than harsh winter

12 Jan 11

The severe weather has had an adverse affect on many small firms but not so significant as recent tax rises, a new study has claimed.

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Online VAT repayment returns will earn firms extra time

07 Jan 11

HM Revenue and Customs (HMRC) have reassured firms that filing a repayment VAT return online will allow an extra seven days in which to submit the return.

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