Monthly Archives: May 2011

Channel Island’s VAT Dodgers in Denial whilst UK and EU Prepare Measures to end LVCR Trade.

Despite George Osborne’s budget announcement that using LVCR to gain a VAT advantage in the UK is an abuse of European Tax legislation many Channel Island based LVCR abusing retailers and the infrastructure that supports them appear to be carrying on as if nothing has happened, apparantly assuming that the reduction in LVCR to £15 is the […]

Channel Island Retailers fiddle whilst VAT burns.

A report in the Telegraph today revealed how Channel Island online retailers are cheating the UK government out of millions of pounds of tax by just falsely declaring the value of an item so that it falls below the £18 LVCR threshold and increasing the postage cost to cover the difference.  Because postage doesn’t attract VAT on import […]