In this episode we’ll be talking about the problems with VAT and why ICAEW is launching a new campaign, How to Fix VAT.
Introduced in the UK some 50 years ago, VAT is now the UK’s third largest source of tax revenue, behind income tax and national insurance contributions. But, it can be costly and complicated to comply with, and that’s despite previous efforts at simplification.
You can read the full transcript of this episode here.
Ed Adams
Episode first published: 29 October 2024
Podcast recorded: 22 October 2024
All views expressed on this podcast are those of the contributors and don’t necessarily reflect those of ICAEW or its members.
