Budget
Alistair Darling has promised not to allow short term job losses to become long term unemployment, announcing a raft of new measures aimed at helping the jobless gain skills and find work, repo
VAT-registered businesses that supply goods (but not services) to business customers registered in other EU countries have to complete a quarterly EC Sales List (ECL), largely to provide the Govern
A new electronic VAT Refund procedure is being introduced across the EU from 1 January 2010 to replace the current paper-based system.
Well, you wouldn’t call it a Budget for small business, but then most of what might have mattered was in the PBR anyway.
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The Chancellor has confirmed the widely expected changes in the time and place of supply rules for businesses making or receiving cross-border supplies of services in the UK.
All the cynics were predicting a big hike in VAT at the end of the year to help the Chancellor balance the books – but not so.
Chancellor of the Exchequer, Alistair Darling, has announced a raft of supporting measures to develop low carbon industries, green technologies, and digital communications, as part of this year’s b
- VAT registration threshold increased from £67,000 to £68,000 with effect from 1 May 2009, a rise of 1.5%.
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- The UK economy is forecasted to shrink by 3.5% in 2009. The growth forecast for 2010 is 1.25%, and from 2011 onwards it’s 3.5% a year.
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