VAT registration delays

I was reading an article in yesterday’s “Mail On Sunday” about delays in VAT registration affecting startups. So my question to the tax experts is: You are approaching the turnover threshold, you have put your VAT registration application in plenty of time, but you know that you are going to pass the threshold before your application is looked at because of the backlog. What can you do in the...

Pre Budget Report Day

I had almost forgotten that this day was upon us. Another attempt by Gordon Brown and Alistair Darling to kick start the engine of the broken economy with a range of tax cuts including a temporary reduction of VAT from 17.5% to 15%. However we are all going to regret it in 2010/2011 when Gordon wants the money back he has loaned us by hiking up taxes again. Who on earth is he going to borrow money from to fund this...