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Staying In The Groove

Steve Wilson, Indirect Tax Knowledge Manager in Ernst & Young, examines the VAT changes announced in the Chancellor's Budget speech and the trends emerging from recent Budgets

 
Steve Wilson Indirect Tax Knowledge Manager in Ernst & Young examines the VAT changes announced in the Chancellor's Budget speech and the trends emerging from recent Budgets
 
As one whose employment involves the annual event of a late night although fortunately not quite so late this year as a result of Parliament's new family-friendly hours poring over the forest of Budget material released by Government I can identify a regular pattern in the VAT content of recent Budgets.
 
The key points of this pattern are:
 
●     a Budget speech with very few mentions of VAT;

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