The UK government is expected to water down its £800 million Digital Services Tax (DST) to win a trade pact with Trump administration, and lower the February 25% tariffs on UK steel and car exports. It is not yet clear what tariffs reductions, if any, will be granted for pharmaceuticals.
Source: vatcalc.com
Latest Posts in "United Kingdom"
- Boehringer Ingelheim Ltd – Upper Tribunal Rules Against Taxpayer on Price Control Payments Reducing VATable Consideration
- Colchester Institute Corporation (No. 2) – Court of Appeal Upholds Taxpayer Win on Grant Income as Consideration for Education
- HMRC Updates VAT Guidance for Charities, Adds New Relief for Donated Goods from April 2026
- HMRC Issues New Guidance on Option to Tax Property When Cancelling VAT Registration
- Isle of Man Raises Late Payment Interest Rate on VAT to Align with UK from May 2026
