For many businesses implementing the new standard rate of VAT it will be necessary to establish the tax point applying to the supply in order to check which rate of VAT should be applied.

It wasn’t for small business, says Simon Sweetman, but it was one which actually considered small business...


HMRC has issued a range of guidance for businesses and consumers, together with a range of FAQ’s on the change in rate.


Much trailed in the newspapers over the weekend, the main event was not news at all, and was just a question of 'when' rather than 'if'.

Nigel Harris looks at the PBR announcements that will impact small businesses. Will they be enough to keep them in business over the next 12 months?


Breaking opinion and analysis on the Pre-Budget Report.


Darling’s hour-long Pre-Budget Report was heavy on forecast and history: the Chancellor didn’t announce his first policy until almost four o’clock.


Many were hoping the Chancellor would announce a deferral of VAT or tax payment dates, especially with the 31 January SA payment deadline looming. Realistically this was never going to happen.

Breaking opinion and analysis on the Pre-Budget Report. In light of the reduced VAT rate, Alan Pearce points out some basic applying rules.

The planned increase in the small companies rate from 21% to 22% has been delayed until 1 April 2010. This was previously to take effect from 1 April 2009.