In the 2009 Budget, aside from the usual housekeeping such as the increase in the VAT registration and deregistration thresholds and changes in fuel scale charges, formal VAT related announcements will come into effect on 1 January 2010.

All of the measures have been trailed previously but the change is considerable. Read our VAT Update to understand the main points and the actions required in order for your business to be ready for next year.