VAT

Following the ECJ judgment in Canterbury Hockey Club (C-253/07), there will be changes to the exemption for sports related services from 1 September 2010, mainly affecting affiliation fees from governing bodies to member clubs.

News that the UK consumer price index rate of inflation made a surprise jump to 3.7 per cent last month will add to the discomfort of the nation’s savers.

The government has announced that the emergency Budget will be delivered on Tuesday 22 June.

The Chancellor, George Osborne, has announced that the emergency Budget will be delivered on Tuesday 22 June 2010.

The plans laid out by the new coalition government could mean a rise in taxes, with VAT a favourite target, experts have warned.

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