The UK economy: A dashboard
This interactive dashboard shows data on economic growth, inflation, trade, employment, government borrowing and debt across the UK.
This note discusses new rules for the VAT liability of digital services which took effect from 1 January 2015.
VAT on digital services (531KB PDF)
Many Members have been contacted by constituents concerned about the impact on small businesses of a change in the way digital supplies are treated for VAT. From 1 January 2015 businesses supplying telecommunications, broadcasting and e-services to consumers in other Member States must account for VAT in the Member State in which the customer is located rather than where the supplier is located.[1] This note provides some background on this change and the Government’s response to these concerns.
[1] European Commission, Questions & Answers: VAT changes from 2015, July 2014
VAT on digital services (531KB PDF)
This interactive dashboard shows data on economic growth, inflation, trade, employment, government borrowing and debt across the UK.
The High Income Child Benefit Charge provides for Child Benefit to be clawed back through the tax system from families where the highest earner has an income in excess of a set threshold, now set at £60,000.
Answers to frequently asked questions relating to banking, credit, mortgages, investments and financial service fraud.