Business tax

HMRC announces changes to VAT on early contract terminations

Most early cancellation fees are liable for VAT.

Group backs new online sales tax

Potential measure would ‘level the playing field’.

MTD for VAT extension set for 2022/23 rollout

Treasury reveals plan to further digitise taxes.

ONS reports ‘alarming’ slump in self-employed numbers

Freelancers call for improved self-employed support.

Sunak calls for capital gains tax review

Chancellor wants to ensure the system is fit for purpose.

VAT cut kicks in for certain sectors

Standard rate temporarily falls from 20% to 5%.

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