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Chancellor to Clamp Down on Channel Islands VAT Loophole

     

IanTurner

3:09 pm on Mar 23, 2011 (gmt 0)

WebmasterWorld Administrator ianturner is a WebmasterWorld Top Contributor of All Time 10+ Year Member



Today's budget speech by the Chancellor said that they were going to clamp down on the VAT loophole that allowed Internet based companies to trade out of warehouses in the Channel Islands without VAT.

He specifically referenced music retailers in his speech

No link yet as I just heard it on the radio.

engine

3:24 pm on Mar 23, 2011 (gmt 0)

WebmasterWorld Administrator engine is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month



Yeah, I can think of one big one over there, and a few others not far behind. I'm pretty sure I heard something similar, but not specifically CI.
 

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