Richard Wild reviews the top five VAT developments in 2011
When I sat down to write this review of 2011 my mind went blank. What has happened this year? So I started making a list of interesting developments throughout the year. They came thick and fast and I soon had a long list that I then needed to slim down to a few key items. I have therefore summarised below my pick of the changes rather than a comprehensive list together with some thoughts for 2012.
The first development of 2011 wasn’t the increase in the VAT rate to 20% (which took place on 4 January 2011) but the new...
