July 2010
David Cameron wants the Government to do all it can to help charities and speaks positively about the proposed idea of refunding VAT >more

June Update 2010
The Government pledged to carry out a formal consultation into the provision of a VAT exemption for charities that share back office functions >more

Emergency Budget June 2010 VAT Rate Change
The Chancellor announced today that the standard rate of VAT will increase to 20% on 4 January 2011. From this date…

• Individual consumers will see the price of standard rated goods and services increase
• Businesses or organisations in the exempt and non-business sectors will see a reduction in profits, as the irrecoverable VAT they suffer on standard rated goods and services will increase.
• Retail businesses could suffer administrative costs implementing price changes across product lines.
• Changes will need to be made to accounting systems to ensure that VAT is recorded correctly.

How will the change affect Charities? >more

How will the change affect you? >more

June 2010
To register or de-register? Saving VAT on fuel and reclaiming tax from the Royal Mail, read these and more updates on VAT News from Spring 2010 >more

Budget March 2010- VAT threshold now £70,000, new fuel scale charges and changes to Lennartz

Updated UK Tax Rates 2010-11

February 2010
In a recent Dutch VAT case (which was taken to the ECJ), the Advocate General suggested that the VAT blocking on Business Entertainment expenditure could only apply to categories of goods and services that are "adequately defined" in local legislation >more

January2010

HMRC- revised policy on Lennartz mechanism
From 22 January 2010, Lennartz accounting will not be available for business assets put to non-business use >more

Tax & VAT Update for Charities May 18 & 19 >Charity Forum

Other news and VAT news archive: 

• PBR 2009: the impacts on you >more 
• Click here for more VAT News from the Archived News page.
• Ullo John, got a new motor? Time to review your car fleet tax >Tax Briefing

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Contact: Scott Craig, VAT Partner