Monthly Archives: March 2011
The Message is in the Detail. Osborne Declares the use of LVCR for VAT Free Mail Order an ‘Abuse’.
| March 24, 2011 | Posted by lvcradmin under VAT |
Whilst RAVAS is disappointed in the weak reduction of the LVCR threshold to £15 in November, the clear intention to tackle VAT avoidance through LVCR is welcome and in particular the clarification that LVCR is being ”exploited for a purpose it was not intended for” – terminology that is used to describe a tax abuse.…
Home Grown Cut Flower Industry is Not What it Appears.
| March 23, 2011 | Posted by RAVAS under VAT |
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A postal industry insider has revealed to RAVAS that the overwhelming majority of the cut Flowers from the Channel Islands are shipped in by refrigerated container from Holland having been imported into the EU from Kenya and South America. Flowers are circular shipped out of the EU to The Islands where they are the packed and marked…
RAVAS Comment on George Osborne’s Budget Announcement re LVCR
| March 23, 2011 | Posted by RAVAS under VAT |
The group of retailers, campaigning against an industrial-scale offshore VAT avoidance scheme that has destroyed or damaged scores of viable job-creating businesses and cost the taxpayer many hundreds of millions of pounds, has cautiously welcomed the Government’s statement in the budget that it intends to act to to curb the abuse of Low Value Consignment…
RAVAS Pre-Budget Statement Regarding the UK’s Application of Low Value Consignment Relief
| March 20, 2011 | Posted by RAVAS under VAT |
RAVAS is calling upon the government to act definitively to end the competitive distortion and loss of VAT caused by the exploitation of Low Value Consignment Relief (LVCR) via the Channel Islands. RAVAS will not be satisfied by any tokenistic half-measures and believes that the government will have fulfilled its obligations only when it is…
RAVAS Lays Bare The Channel Islands Government’s Attempts to Mislead Over the Effects of The Channel Islands VAT loophole
| March 16, 2011 | Posted by RAVAS under VAT |
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A group of retailers campaigning against an industrial-scale VAT avoidance scheme that has destroyed or damaged their businesses and cost the taxpayer hundreds of millions of pounds has today hit back at the Channel Islands Government’s attempt to mislead the UK authorities and its residents over its true scale and consequences. Retailers Against VAT Avoidance…
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