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26 May 2011
AN EXTRA £1bn was spent on luxury private jets prior to a VAT hike.
The plane spending spree occurred in the last three months of 2010, before a zero-VAT rating on jet sales was ditched for the standards rate of 20%, reported the Guardian.
The latest statistics showed that luxury jet sales nosedived after the tax was introduced.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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