Tag: vat

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Period pants should not be subject to 20% VAT, say firms

Period pants should not be subject to 20% VAT, say firms

Marks & Spencer and WUKA are asking the government to remove a 20% tax on period pants. www.bbc.co.uk [...]
Cut low-cost broadband VAT to help more online, peers say

Cut low-cost broadband VAT to help more online, peers say

Some people struggle to get online, putting them at a disadvantage, a Lord's committee says. www.bbc.co.uk [...]
Liz Truss Considers Cutting VAT to 15% to Ease UK Crisis: Telegraph – Forex Factory

Liz Truss Considers Cutting VAT to 15% to Ease UK Crisis: Telegraph – Forex Factory

Liz Truss Considers Cutting VAT to 15% to Ease UK Crisis: Telegraph  Forex Factory www.forexfactory.com [...]
Rishi Sunak vows to cut VAT on energy in campaign shift

Rishi Sunak vows to cut VAT on energy in campaign shift

The ex-chancellor pledges his first tax cut in the Tory leadership, as part of a cost-of-living plan. www.bbc.co.uk [...]
Russian Duma passes bill to remove VAT, lower income tax rates on digital asset sales

Russian Duma passes bill to remove VAT, lower income tax rates on digital asset sales

The State Duma, the lower house of the Russian legislature, has passed a bill on the taxation of digital assets that exempts their sale from value-add [...]
Cut VAT in Queen's Speech, Liberal Democrats urge ministers

Cut VAT in Queen's Speech, Liberal Democrats urge ministers

Sir Ed Davey demands cost-of-living help for households, but the government says it is already acting. www.bbc.co.uk [...]
Firms warn they will raise prices due to VAT rise

Firms warn they will raise prices due to VAT rise

With hospitality businesses facing soaring costs, some are warning they will have to increase prices. www.bbc.co.uk [...]
Rishi Sunak must cut VAT to tackle cost-of-living rise, say Lib Dems

Rishi Sunak must cut VAT to tackle cost-of-living rise, say Lib Dems

The party says reducing the rate from 20% to 17.5% for a year will save households £600 on average. www.bbc.co.uk [...]
UK tax authority makes first NFT seizure in VAT fraud case

UK tax authority makes first NFT seizure in VAT fraud case

HM Revenue and Customs (HMRC), the chief tax authority in the United Kingdom, have seized three nonfungible tokens (NFTs) associated with a suspected [...]
Devon MP has whip withdrawn over support for VAT cut

Devon MP has whip withdrawn over support for VAT cut

Newton Abbot MP Anne Marie Morris says she is "disappointed" but refuses to apologise. www.bbc.co.uk [...]
Could VAT on gas and electricity be cut to zero?

Could VAT on gas and electricity be cut to zero?

Should the VAT on domestic energy be cut to help with rising prices? www.bbc.co.uk [...]
Labour calls again for 5% VAT cut on energy bills

Labour calls again for 5% VAT cut on energy bills

Angela Rayner says rising living costs are hitting families hard, but Boris Johnson insists help is available. www.bbc.co.uk [...]
No VAT cut to household energy bills in the Budget

No VAT cut to household energy bills in the Budget

Treasury sources say such a move would be badly targeted and there are other ways to help those struggling. www.bbc.co.uk [...]
This tax brings in billions worldwide. Why there is not any VAT within the U.S.

This tax brings in billions worldwide. Why there is not any VAT within the U.S.

The phrase "taxes" is seen engraved on the headquarters of the Inside Income Service (IRS) in Washington, D.C., U.S., Might 10, 2021.Andrew Kelly | [...]
Covid: Labour criticises reinstatement of VAT 'masks tax'

Covid: Labour criticises reinstatement of VAT 'masks tax'

A brief suspension of VAT on private protecting gear is because of expire on 31 October. www.bbc.co.uk [...]
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