Chair of the all-party parliamentary group on Fair Business Banking, Kevin Hollinrake, said the change was ‘alarming’ Mastercard has been accused of ‘opportunism’ and ‘greed’ for increasing fees for British shoppers using debit or credit cards to buy from EU-based companies five-fold. Visa and Mastercard levy ‘interchange’ fees on behalf of banks for card payments … Read more
Ministers should consider abolishing VAT on electric vehicles (EV) or increase the incentives currently available to buy them, a market report has said. The RAC’s annual report on motoring found that electric car demand is marginally higher than a year ago, with fewer than one in ten drivers polled saying their next car will be … Read more
Treasury says it has ‘no plans’ to lower VAT on energy bills, despite promises to scrap the tax after Brexit By Helen Cahill, Financial Mail On Sunday Published: 21:50 GMT, 16 January 2021 | Updated: 22:05 GMT, 16 January 2021 The Treasury has said it has ‘no plans’ to lower VAT on energy bills, despite … Read more
Robbie Williams ‘earned £19.8 million in 2019’ despite leaving lucrative role at The X Factor with wife Ayda Field By Roxy Simons For Mailonline Published: 01:50 GMT, 23 December 2020 | Updated: 01:56 GMT, 23 December 2020 Robbie Williams reportedly earned £19.8 million in 2019, despite the fact he and wife Ayda Field left their … Read more
EastEnders actress Jessie Wallace’s firm ‘owes £40,000 in unpaid tax as the company is fully wound up’, documents show Thatcher Promotions Limited was placed into voluntary liquidation in 2015 Report shows it owed £69,614 to the HMRC in unpaid corporation tax and VAT Wallace is listed as the director of Thatcher Promotions Limited by government By Faith … Read more
Price hike fears for Uber and Airbnb customers amid reports Rishi Sunak is planning to impose VAT in a multi-billion-pound tax raid Sunak considering toughening up VAT rules on ‘sharing economy’ businesses Many have grown rapidly in recent years to become hugely successful Treasury is examining ways it could levy VAT on these transactions By Matt … Read more
MPs have demanded the Government reveal how hard the UK economy will be hit when duty free shopping for foreign tourists is scrapped next month. Chancellor Rishi Sunak will end VAT refunds for international visitors to British shops from January 1, even as the high street is fighting for its survival after the Covid-19 crisis. … Read more
I’m A Celeb SPOILER: Russell Watson FINALLY gets his wish and does a solo trial… but regrets it as he is rotated into a vat of rancid congealed offal By Andrew Bullock For Mailonline Published: 12:44 GMT, 30 November 2020 | Updated: 12:57 GMT, 30 November 2020 He was left irritated on Sunday night’s I’m … Read more
Is Rishi Sunak ditching the triple tax lock? Chancellor refuses to rule out raising income tax, VAT or National Insurance to plug coronavirus black hole Rishi Sunak did not rule out raising income tax, VAT or National Insurance He told BBC Breakfast the scale of borrowing this year was ‘not sustainable’ The ‘triple lock’ against … Read more
Boris Johnson has lashed out at ‘gloomy’ predictions of coronavirus woe, telling MPs they were too negative because they were made before last week’s vaccine breakthroughs. The Prime Minister made the comment as he addressed anxious backbenchers last night in the wake of Rishi Sunak’s spending review, which revealed the scale of the problem facing … Read more