The Institute for Fiscal Studies (IFS) has criticised the Foreign Secretary’s plans which would reportedly cut VAT by 5% across the board as a “nuclear” option – a move described as “regressive” by her rival Rishi Sunak’s team.
Source: heraldscotland.com
Latest Posts in "United Kingdom"
- UK Tribunal Rules Tapi Carpets Not Liable for £13.5 Million VAT Assessment
- Temporary Electricity VAT Relief Could Save Charities and Non-Profits Significantly
- ICAEW Warns Direct Debit VAT Plan Could Harm Business Cash Flow
- Rolling VAT Registration Threshold: Understanding the 12-Month Test
- Proposed VAT Zero Rate for Social Housing Land
