It overestimated April’s inflation figures and in August had to postpone the release of monthly retail sales data.
London’s Hippodrome Casino has failed to overturn a ruling on the method used to calculate the tax recovery for residual ...
HMRC is reclassifying more sweet products as confectionery under VAT rules, hitting producers, wholesalers and retailers with 20% tax liabilities. Here’s what it means for UK food businesses.
The ONS admitted that errors in VAT data meant that government borrowing estimates have been over-stated by between £200 ...
In the last 12 months, we have received a few hundred pounds from our electricity supplier as payment that has been generated by our roof-mounted solar PV panels. Do we have to declare this income to ...
Tajinder Singh Pawar operated as a wholesaler via a sole tradership and a company, First Stop Wholesale Limited (FSW). In ...
HMRC is reportedly setting its sights on the construction industry in a VAT crackdown. It's been claimed that HMRC is "pursuing" compliant businesses for sums owed by others, amid an ongoing dispute ...
A backdated £11m tax bill has sent Natural Balance Foods tumbling into the red as the Trek and Nakd bar producer fell foul of ...
A shop has been fined more than £2.8m for not paying VAT on luxury watches it bought and sold. Ancient & Modern Jewellers Ltd in Blackburn, Lancashire, was found to have misused a VAT exemption scheme ...