Tolley's Value Added Tax Annual is updated twice each year to reflect current developments in VAT and changes in HMRC guidance and policy. This title is published in 2 editions - 1st ed in May 2025 and 2nd ed October 2025. The 1st edition is up-to-date for the position up to 28 February 2025 and includes completely new material relating to private schools that reflects Finance Act 2025.