Last time, I wrote about dodgy adverts promising non-existent VAT loopholes. But what if your VAT bill has arrived and you haven't got the full amount? Before you do anything, breathe. There are options here, and there's a sensible order to go through them. What HMRC doesn't do is shout any of this [...]
Tag Archives: bills
10
Jun
Jun
If you run a restaurant, café, or food-led pub and you have a children's menu, there's something worth knowing about this summer. The government has confirmed a temporary reduction in VAT on children's eat-in meals from the standard 20% down to 5%, running from the 25th of June to the 1st of September 2026. It's [...]
10
Oct
Oct
23rd September 2022 saw the “mini-budget” and the first opportunity for the new PM and Chancellor to stamp their mark on the UK. And boy they went for it, with the announced £45 billion of tax cuts. The biggest tax-cutting budget since Barber’s “dash for growth” in 1972. Spoiler alert, that didn’t end well. The […]