VAT was sold to the British public when it was introduced back in 1973 as a “simple tax”. Since then there have been various attempts to keep it simple, some successful, some not. Who can forget the ...

The ongoing fight between traders and the tax authorities is a clear indicator that the administration of Value Added Tax (VAT) has glaring gaps, which must be addressed to promote national ...

A 2026 VAT reform will remove tax charges on donated goods, encouraging businesses to give surplus stock to charities instead ...

Thanks to Brexit, the complicated Value Added Tax (VAT) in the UK may be simplified. This comes after a prominent accountancy body urged the Treasury to undertake a comprehensive review of the VAT tax ...