You are using an outdated browser. Upgrade your browser today for a better experience of this site and many others.
Tel: 01444 257155 E-mail: info@peterlawson.co.uk
The VAT registration and deregistration thresholds will remain unchanged for a period of two years from 1 April 2022.
The six-month extension to the UK-wide VAT reduction to 12.5% for the tourism and hospitality sectors comes to an end on 31 March 2022 with rates returning to the standard rate of 20%.
With effect from 1 April 2022 the rates of VED rates for cars, vans, motorcycles, and motorcycle trade licenses will increase in line with Retail Prices Index (RPI).
For heavy goods vehicles, VED continues to be frozen in 2022/23. The HGV Levy is suspended for another 12 months from 1 August 2022.
With effect from 1 April 2022 both the standard and lower rates of Landfill Tax will increase in line with the RPI.
18 Apr 2024
Business price pressures persist despite the UK's inflation rate falling to its lowest level since September 2021.
17 Apr 2024
The UK's annual inflation rate fell in March for a second consecutive month, dropping to 3.2%, according to the latest figures from the Office for National Statistics (ONS).
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!
Our summary of the key announcements from the Chancellor's latest Budget .
Read about the budget