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Default and Statutory Interest - Rate Reduction

4th December 2008 - HM Revenue & Customs have announced a further reduction in both default and statutory interest rates with effect from 6th December 2008.
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Pre-Budget Report 24th November 2008 - VAT reduced to 15%

25th November 2008 - The intense speculation in the press over the weekend has been confirmed, and the Chancellor has, this afternoon, announced a reduction in the rate of VAT to 15%.
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IOW - Car Parking - ECJ Judgement - 16th September 2008

17th September 2008 - The ECJ, yesterday, released its Judgement in respect of the three questions submitted by the High Court in the case of Isle of Wight, and others.
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Restitution/Compound Interest

30th June 2008 - There have been a number of recent developments in respect of the ability of businesses to claim interest on a compounded basis on monies repaid (or to be repaid) to them by HM Revenue & Customs ("HMRC").
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IOW - Car Parking - Advocate General's Opinion - 12th June 2008

12th June 2008 - The Advocate General has, today, released his opinion in respect of the three questions put to the European Court of Justice by the High Court in the case of Isle of Wight, and others.
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