Taxi tax' may lead to 5 million fewer trips to restaurants and pubs per year
The UK government's proposed taxi tax could result in 5 million fewer journeys to pubs and restaurants, negatively impacting the hospitality industry's recovery from the pandemic.
New legislation would require minicab firms to add VAT to fares, increasing the price of journeys by 20%. Research shows that a third of people would be less likely to take a taxi if prices were hiked by that amount.
Judge defines Monster Munch in bizarre ruling on Walkers' poppadoms
Walkers' sensation poppadoms are classified as crisps for VAT purposes, meaning the company will have to pay the standard 20% VAT on the products.
The tribunal ruled that the poppadoms should be classified as snacks, similar to potato crisps, and therefore not eligible for zero-rated VAT.
Could Labour's plan to put VAT on private schools lead to parents 'Finding Religion'
Labour Party proposes VAT on private schools to level the education playing field.
Message to Labour: don't tax school fees. Make private schools work for the public good | Simon Jenkins
Impose VAT on private schools to benefit deprived state schools may lead to unintended consequences.
Half could move children out of private education and into state schools if 20% VAT is added to school fees - London Business News | Londonlovesbusiness.com
24% of parents/grandparents consider moving children from private to state schools if 20% VAT imposed on fees.
Could Labour's plan to put VAT on private schools lead to parents 'Finding Religion'
Labour Party proposes VAT on private schools to level the education playing field.
Message to Labour: don't tax school fees. Make private schools work for the public good | Simon Jenkins
Impose VAT on private schools to benefit deprived state schools may lead to unintended consequences.
Half could move children out of private education and into state schools if 20% VAT is added to school fees - London Business News | Londonlovesbusiness.com
24% of parents/grandparents consider moving children from private to state schools if 20% VAT imposed on fees.
Paying private school fees years ahead may create VAT disputes, experts warn
Parents are paying private school fees in advance to avoid Labour's VAT plans, which may lead to potential tax disputes and legal challenges in the future.
EU tax breaks could benefit dealers at Basel
Around half of Art Basel's galleries are in Switzerland, and an EU VAT directive affecting art sales is a key concern for exhibitors.