Haslers Perspective Autumn 2018 issue
Welcome to the Autumn 2018 issue of Perspective from Haslers Chartered Accountants & Business Advisers. Since 1973, the UK Government has levied a VAT on the price we pay for certain goods and services. Currently, the standard VAT rate is 20%, but there’s also a reduced rate of 5% and a zero rate that can apply instead. The complexity of the system, as well as the difficulty in changing the rules, means there are a whole host of confusing quirks and strange peculiarities that exist and have put businesses and HMRC at loggerheads over the years. In light of this, in this issue we’ve put together ten items you probably didn’t know you paid tax on.
We hope you enjoy the articles. To discuss any of the articles featured in this issue, please contact us.