VAT and Churches
Construction work to repair buildings, including historic churches, is charged VAT at the 20% standard rate. The Listed Places of Worship Grant Scheme provides grants to mitigate the VAT costs for these repairs.
Documents to download
-
Autumn 2021 Budget: Economic Crime (Anti-Money Laundering) Levy (149 KB , PDF)
Provision to establish the Economic Crime (Anti-Money Laundering) Levy is included in the Finance (No.2) Bill 2021-22 – specifically Part 3 of the Bill (Clauses 53-66).
The new levy will first be charged in the financial year running from 1 April 2022 to 31 March 2023 on any medium, large and very large entities regulated for anti-money laundering (AML) purposes at any point during that year. The levy will first be paid by in-scope entities at the end of each financial year, meaning first payments will be due in the financial year 1 April 2023 to 31 March 2024. It is estimated that the levy will impact 4,000 businesses.
Documents to download
-
Autumn 2021 Budget: Economic Crime (Anti-Money Laundering) Levy (149 KB , PDF)
Related posts
-
-
Sanctions against Russia (February 2022 to January 2025)
In response to Russia's invasion of Ukraine in February 2022, the G7, EU and other allies and partners across the globe have imposed an unprecedented package of coordinated sanctions against Russia.
-
Household debt: Economic indicators
Debt levels affect how much households spend. Find the latest data on UK household debt, mortgage rates and insolvencies.
