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VAT

VAT registration helpline set to close

HMRC will prioritise registration applications.

Online VAT portal to close in May

Businesses will need to follow MTD for VAT rules.

Confusion over MTD software pricing

Businesses cite pricing and hidden costs as a concern.

New VAT penalty regime starts from 1 January

Default surcharge to be replaced by a fixed rate, points based system.

Tax take soars to £432.8bn

Total tax take for 2021/22 so far is £41.5bn higher than last year.

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