Business News – 24th April 2017

Business
Business News – 24th April 2017 Lloyds unveils steps to aid business growth Lloyds Banking Group has unveiled various pledges to boost SMEs across the UK as part of its 2017 Business Charter. The commitments include helping 5,000 first-time exporters,
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New Vehicle Tax Rates (UK)

Taxation
04/04/2017. New vehicle tax rates are now in force for all cars and some motor homes registered from 1 April 2017. Tax for all vehicles remains based on their CO2 emissions for the first year and on the type of
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Extracting Vat at Point of Online Purchase (UK).

Taxation
23/03/2017. How payment technology could be applied in a ‘split payment’ model that would extract Vat at the point of purchase of goods bought online and remove unfair advantages enjoyed by overseas sellers who are not UK Vat registered, is
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Tax Fraud in Construction Industry Labour Provision (UK)

Taxation
23/03/2017 HM Revenue & Customs is seeking views on policy options to tackle supply chain fraud committed by organised criminals who cheat the exchequer by setting up businesses specifically to fail to pay Vat and mis-declare income tax and related
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Income Tax Relief for Employees’ Business Expenses (UK)

Taxation
23/03/2017 Views on why the cost to the exchequer of tax relief for employees’ business expenses which are not reimbursed has increased, whether current tax rules for expenses are fit for purpose in the modern economy and whether the rules
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