Prioritising the enforcement of tax return submissions over VAT hikes aligns with the principles of progressive taxation, ensuring that those with higher incomes contribute their fair share.
# Grocery stores and wholesalers have been given until April 1, 2025, to adjust systems and pricing as this is when the cut to 5 percent will occur. “I reckon the three months is going to be enough,” ...
VAT is paid quarterly, with registered businesses required to send VAT returns to HMRC every three months. This is to show how much VAT you’ve charged during the reporting period and how much ...
Although Max is thriving at his independent school in Buckinghamshire, his parents have decided that the new Government’s introduction of VAT, on top of fees, has made staying on for sixth form ...