The Chancellor has today announced a ‘mini-budget’ which is outlined within The Growth Plan 2022 document as found on the HMT website here.
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October 2021 Budget
by Berthold Bauer on October 27, 2021The autumn 2021 budget, released today, was quiet from a VAT perspective.
READ MOREAutumn Budget 2018
by Berthold Bauer on October 30, 2018The Chancellor yesterday afternoon announced the 2018 Autumn Budget, below provides a brief overview of the relevant NHS and VAT related statements:
READ MOREVAT with no-deal on Brexit
by Berthold Bauer on August 28, 2018Last week HMRC announced their plans for VAT if the UK ends up leaving the EU in March 2019 without a deal. They have emphasised that the government is confident a deal will be reached, but they are introducing contingency plans as a precautionary measure.
READ MORESpring Budget 2017
by Berthold Bauer on March 9, 2017Unfortunately the Chancellor did not announce any new VAT reliefs or incentives today in his budget; but there were a few relevant announcements:
READ MOREAutumn Statement Update
by Berthold Bauer on November 23, 2016The update today has announced very little in the way of VAT changes. They reinforced their attitude towards tax avoidance by confirming that a new penalty regime will be introduced for those involved. They also commented that they were specifically focusing on shutting down inappropriate use of the flat rate scheme.
READ MOREEU Referendum Results
by Berthold Bauer on June 24, 2016The announcement today that the UK has voted to leave the EU is likely have a substantial impact on businesses and indeed UK taxes.
READ MOREBudget 2016 – Key Points
by Berthold Bauer on March 17, 2016Budget 2016
The budget announcements often have an impact on the NHS, so we aim to promptly summarise the main impact to your organisations. This year – the key points are as follows:
READ MOREAdditional VAT Recovery: Non-departmental public bodies
by Berthold Bauer on December 11, 2015This week HMRC have announced their intention to introduce a new section, 33E of the VAT Act 1994, to prevent VAT being a barrier to non-departmental public bodies who enter into arrangements to share back office services that would otherwise result in greater efficiencies. This puts the VAT position for government departments, NHS bodies and non-departmental public bodies on a similar footing. In line with the other departments who are able to claim similar services under section 41 (3), they will have a shorter period in which to claim a refund.
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