HMRC has made revisions to its historic tax receipts data (financial years between 2015 to 2016 and 2019 to 2020) which will have an impact on VAT statistics. The most recent publication will be revised to include these revisions by the end of June 2021. The latest receipts data is available in the 25 May 2021 HMRC tax receipts and National Insurance contributions for the UK publication. More information on the receipts revisions can be found in the statistics announcement dated 25 May 2021.
Source
Latest Posts in "United Kingdom"
- Upper Tribunal Rules VAT Not Reducible on BIL’s NHS Pharmaceutical Payments to DHSC
- HMRC Study: Effects of Penalty Reform on VAT Businesses’ Compliance and Perceptions
- HMRC Updates VAT Notice 701/36: Changes to Insurance, Guarantees, and Warranties Guidance
- HMRC VAT Letters: Why Turnover Over £90,000 Doesn’t Always Mean You Must Register
- Determining VAT on Cross-Border Services: Why Place of Supply Rules Matter Most
