VAT

Starting Figure (£):

The amount being considered for VAT.

Does this figure already include VAT?

Note: These calculations are only for illustrative purposes and are not a substitute for professional advice.

14 Jul 2020

UK economy shrank by almost a fifth under lockdown

The UK economy shrank by 19.1% in the three months to the end of May as the country struggled under the coronavirus (COVID-19) lockdown, according to the latest data from the Office for National Statistics (ONS).

14 Jul 2020

Scottish government to reduce LBTT rate

The Scottish government will reduce the rate of Land and Buildings Transaction Tax (LBTT) following a similar reduction to the rate of residential Stamp Duty Land Tax (SDLT) announced by Chancellor Rishi Sunak in the recent Summer Economic Update.

Register

Once a month we’ll send you an email packed full of essential business news and handy tax tips to help save you money.

Sign up now!

Budget report

Our summary of the key announcements from the Chancellor's latest Budget .

Read about the budget

Accessibility links

VAT

UK economy shrank by almost a fifth under lockdown

Scottish government to reduce LBTT rate

Register

Budget report

Useful links