Domestic electricity prices were 5.5% higher, including VAT, in real terms than in the same period last year, whilst domestic gas prices were a staggering 13.0% higher compared to last year, according to Energy Trends the DECC statistical publication. It covers...
Exchequer secretary, David Gauke, has strongly criticised tradesmen and builders who accept ‘cash-in-hand’ for jobs done for householders and homeowners. In a Newsnight interview he said it was "morally wrong" because it can help workers avoid tax! He made the claim...
Consumers should avoid being tempted by a cheap cash deal and protect themselves against paying more in the long term, says the FMB in response to comments by the HMRC Permanent Secretary in the Telegraph. Brian Berry, FMB director of external affairs, said: “We are...
By 2020, it is estimated there could be more than 100,000 extra UK jobs if VAT is reduced to 5% for all domestic repair, maintenance and improvement (RMI) works. This is according to figures from the Federation of Master Builders. FMB director of external affairs,...