Gary Gibbon
No VAT rise in next government, Cameron says
The Tories claim they laid a giant elephant trap on VAT and that Ed Miliband walked right into it – but you can’t help wondering if Treasury mandarins are tearing their hair out.
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Gary Gibbon
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Pasty makers bring their VAT beef to Downing Street
Pasty makers and fellow bakers turn up at Downing Street in their chef hats and white tops, but the informal air to their protest belies genuine anger over the government’s so-called pasty tax.
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Why simplifying VAT is a taxing business
Part of the 2012 budget was dedicated to making the tax system simpler. Channel 4 News casts an eye over the topsy-turvy world of value added tax.
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Christmas shopping gives high street sales a lift
With retail sales rising in the run-up to Christmas, Channel 4 News looks at the high street victims of the economic downturn.
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Topshop’s Green blames weather for shop closures
Topshop and Bhs boss sir Philip Green warns that 260 stores face the axe after a profits slump.
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Ex-policeman jailed for £330m VAT fraud
A former South Yorkshire policeman has been jailed for 10 years and three months for his part in the UK’s largest ever VAT fraud.
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50p tax rate may be losing government money
The top rate of income tax may not be raising any revenue for the government and could even be losing it money, a think tank is warning.
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British retail sales drop over twice as fast as expected
High street sales fell 1.4 per cent in May, ending the boosting effect of the April Royal Wedding and the run of bank holidays.
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Ed Balls calls for emergency tax cut amid grim retail data
The Shadow Chancellor calls for an emergency VAT cut amid poor retail sales figures. But Nick Clegg says Labour’s plans are “bankrupt”, and an economist tells Channel 4 News the move would cost £12bn.
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VAT hike’s effect on inflation ‘temporary’, says Osborne
Chancellor tells Channel 4 News the VAT increase – identified by the Bank of England as a contributing factor to today’s CPI increase – was essential in dealing with the budget deficit.
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FactCheck: Are Coalition cuts strangling the recovery?
“Too far and too fast” is the Labour mantra on Coalition cuts. But is the Chancellor to blame for the bad news on Britain’s flatlining economy.
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‘Worse-off Wednesday’: tax changes come into force
The start of the new tax year has been dubbed “worse-off Wednesday”. One tax expert tells Channel 4 News many families will be worse-off in 2011 but not because of these changes.
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Tax changes: how will ‘worse-off Wednesday’ affect you?
Tax changes coming into force will affect millions of people and Government critics say today marks “Worse-off Wednesday”. Channel 4 News has asked one tax expert to answer some of your queries.
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LIVE BLOG: Budget 2011 – as it happened plus analysis
Chancellor George Osborne delivers Budget 2011 and a fuel duty “bombshell”. Follow reaction and analysis, plus video and comments from the #c4Budget Twitter panel.
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Budget: Osborne claims ‘fuel in the tank’ for Britain
Chancellor George Osborne claims his Budget will “put fuel into the tank of the British economy” as he cuts petrol duty by 1p a litre and unveils a package of measures to boost businesses.
