Other Matters

VAT, Vehicle Excise Duty and Landfill Tax.

VAT rates and limits

The VAT registration and deregistration thresholds will remain unchanged for a period of two years from 1 April 2022.

The six-month extension to the UK-wide VAT reduction to 12.5% for the tourism and hospitality sectors comes to an end on 31 March 2022 with rates returning to the standard rate of 20%.

Vehicle Excise Duty (VED)

With effect from 1 April 2022 the rates of VED rates for cars, vans, motorcycles, and motorcycle trade licenses will increase in line with Retail Prices Index (RPI).

For heavy goods vehicles, VED continues to be frozen in 2022/23. The HGV Levy is suspended for another 12 months from 1 August 2022.

Landfill Tax

With effect from 1 April 2022 both the standard and lower rates of Landfill Tax will increase in line with the RPI.

Spring Statement 2022

A review of measures for UK businesses and individuals.

Autumn Budget 2021

Details of the Autumn Budget 2021. Our summary focuses on the key issues.

Factsheets

Factsheets covering a range of relevant accountancy and business topics.

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Philip Atherton Limited is registered in England and Wales. Registration number: 4544358.
Registered office address: The Old Electrical Workshop, Welby, Grantham, Lincolnshire NG32 3LT

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