First it was pasties then grannies and now new static caravans.
HMRC is using its legals powers to seize the assets of businesses that are behind on their VAT bills.
A look at appealing against VAT penalties
VAT returns are to go online
The government has introduced VAT for a number of new purchases including 'sports nutrition drinks'.
A VAT loophole that allowed Guernsey and Jersey-based traders to avoid VAT is to be closed by the government.
VAT is a tax charged on most business-to-business and business-to-consumer transactions in the UK.
According to a survey of 1,600 business owners by the Federation of Small Businesses, 71 per cent think the VAT rise will be detrimental to them.
In this article we cover taxes relating to employees, VAT, PAYE, the Annual Investment Allowance, capital allowances, National Insurance and business rates.
Small businesses are focusing on ramping up sales and marketing rather than raising prices in preparation for next year's VAT hike.
