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FL Memo Ltd © 2008

VAT Memo Newsletter Issue 1 (PBR 2008)

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Welcome to the first newsletter for the 2008/09 edition of VAT Memo. This pulls together all relevant announcements made by the Chancellor in the Pre-Budget Report on 24 November 2008. The relevant paragraphs in your Memo product will also be updated individually online.

We believe you will find this particular newsletter useful and informative in advising you of these changes, and welcome any comments you may have as to how we can improve our service.  We look forward to receiving your emails at flm@flmemo.co.uk.

VAT MEMO 2008-09

Newsletter Issue 1

Pre-Budget Report 2008

185 PARK STREET

BANKSIDE

LONDON

SE1 9DY

(T) 020 7803 4666

(F) 020 7803 4699

Disclaimer

This newsletter is provided on the understanding that the information contained within it is for guidance only, and that the publisher is not in business to provide legal or accounting advice or other professional services.  Readers entering into transactions on the basis of, or otherwise relying on, such information should seek the services of a competent professional adviser.

Whilst every care has been taken to ensure the accuracy of the contents, the editors and the publishers cannot accept responsibility for any loss occasioned to any person acting or refraining to act as a result of any statement in this newsletter.

 

Headlines

 

Output tax

 Reduction in standard rate of VAT

 

 

Simplification

 Flat rate scheme eligibility

 Changes in flat rate percentages

 

Particular activities

 Retail schemes eligibility