So glad to see energy efficient materials subject to VAT reform to reduce the cost to consumers. Red tape being abolished should hopefully make it easier to apply in practice. Apart from in NI. #SpringStatement2022@PwC_UK
Following last week's release of the UK government's #NetZero strategy, The Chancellor's Budget wasn't quite as green as expected. It is possible he's holding back for the #COP26 summit. @jayneh81 comments: https://t.co/RNQRG5awGs #Budget2021#AutumnBudget
Rishi says alcohol duties are outdated, complex and full of historical anomalies. Radical simplification announced, 5 steps to a simpler, fairer, healthier system. #AutumnBudget@PwC_UK https://t.co/N6sM53E17B
Air passenger duty - flights between airports in England, Scotland, Wales and NI will be subject to new lower rate of APD from 1 April 2023 halving the APD cost for passengers on domestic flights
#AutumnBudget@PwC_UK https://t.co/N6sM53E17B
Here we go.. Net Zero…green bonds, green finance, wind investment, innovation, not yet hearing any environmental tax changes. #AutumnBudget@PwC_UK https://t.co/N6sM53E17B
Apparently Rishi has a photo shoot at a brewery this afternoon. Anyone want to place bets on what he’s going to do with beer duty in the #AutumnBudget? @PwC_UK https://t.co/KDBNgFHyHA
Last week’s Net Zero Strategy mentioned the word tax 28 times, mainly as a stem of the word “taxonomy” or “taxpayer”. I’m looking forward to seeing how #AutumnBudget plans to use the tax system to drive a shift towards Net Zero @PwC_UK
A recent judgement by the CJEU has blurred the distinction between 'economic' and 'business' activity. David Anderson and Michael Taylor explore the VAT implications for UK companies in their latest article. https://t.co/YWI6UoJ3K6 #legal#pwc
@PwC_UK#Budget2021 also buried within the Red Book, more reliefs to be retained for red diesel to benefit vessels for commercial purposes, fishing and water freight, travelling funfairs and circuses, amateur sports
clubs, golf courses, and non-commercial power generation.