Schools get guidance on reclaiming historic VAT.
VAT
Private school VAT drives 2.5% pupil fall
Enrolment dips after VAT adds 20% to fees.
VAT drives down private school enrolment
Enrolments fall as fees rise sharply.
VAT road fuel charges cut by 5.7%
New HMRC rates applied from 1 May 2025.
VAT on private school fees challenged in court
High Court to hear case in April over policy legality.
HMRC launches VAT registration estimator tool for SMEs
New tool aims to simplify tax compliance assessment.
FSB proposes vital VAT reforms
VAT threshold increase could boost growth for small businesses.
New VAT registrations online only
Paper VAT registration to be removed from mid-November.
Tax system “overcomplicated”, say MPs
Current tax system is an obstacle to growth.
HMRC launches VAT time-to-pay portal
Eligible businesses can set up payment plans online.
Online VAT portal to close in May
Businesses will need to follow MTD for VAT rules.
Confusion over MTD software pricing
Businesses cite pricing and hidden costs as a concern.
New VAT penalty regime starts from 1 January
Default surcharge to be replaced by a fixed rate, points based system.
Old MTD for VAT portal to close
Businesses have until November to become MTD-compliant.
MTD for VAT brings in extra £195m
Scheme cuts costs caused by mistakes, HMRC says.
Passion, positivity and perfectionism
If you’re fired up about a great business idea but don’t know where to start, we can help.