The 2023 Autumn Statement confirmed a number of the rumored personal and business tax changes, but announcements in the Indirect Tax sphere were limited. Our team highlight some of the main property related changes and how these will impact our clients.
Property Related Changes
The Autumn Statement was a relatively sleepy affair, with few high-profile announcements for the property sector.
READ MORE
With the fear of driving parents back into the state sector at the forefront of your minds, just adding 20% on top of term charges will not be a realistic option for most.
Berthold Bauer have a team of VAT experts with experience of providing VAT advice and support to schools, including independent fee paying schools, and can guide you through this uncertainty.
READ MORE
On Wednesday 15th March 2023, the Spring Budget was delivered by Jeremy Hunt, Chancellor of the Exchequer. The Budget covered a number of measures however, we have covered a couple of key VAT updates specific to the NHS and broader healthcare sector below.
READ MORE On Wednesday 15th March 2023, the Spring Budget was delivered by Jeremy Hunt, Chancellor of the Exchequer. The Budget covered a number of measures which you can find here. We have covered a couple of key VAT updates specific to the buildings and property sector below.
READ MORE
The Chancellor has today announced a ‘mini-budget’ which is outlined within The Growth Plan 2022 document as found on the HMT website here.
READ MORE
The Chancellor has today announced the 2021 Budget and there is one particular announcement that will affect many of our NHS Clients and one other included for completeness.
READ MORE
For a number of years HM Treasury have been considering potential reforms to the Contracted-Out-Services – numbered 1 through to 76 – which you will be familiar with from our reports. As a quick recap these rules [Section 41 VATA94] are the mechanism with which NHS and Government Departments (GD) reclaims VAT on certain outsourced services.
READ MORE
How will traders be affected by the announcement that a new rate of 5% VAT is to be applied to the hospitality industry on Wednesday the 15 July 2020?
READ MORE
Following Germany’s decision to reduce VAT from 19% to 16% in order to boost consumer spending and Rishi Sunak’s contemplation of a similar action here in the UK, what are the chances and the pundit’s opinions?
READ MORE
The PM announced on Friday a VAT deferral to support UK businesses in this unprecedented time. The deferral will hopefully help many businesses to stay afloat during this difficult period, but it is worth reminding all businesses that this will not abolish any VAT due, it will simply defer the date it is due for payment and exists to help those in financial difficulty or hardship. To summarise how this deferral will work in practice:
READ MORE
