The mobile phone operators’ VAT row over 3G licences is set to go before the
European Court of Justice in February, The Times reports today.
The ECJ has written to the five license-holders, which cost £22.5bn in 2000,
saying that their case will be heard then.
The phone operators are trying to reclaim the VAT, of more than £3bn, on the
purchase of the licenses.
MTD represents 'the single most significant change to the UK’s system of taxation in recent times', says Knill James partner Nick Rawson. So, how prepared are SMEs for digital tax reporting?
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Unincorporated businesses under the VAT threshold given an extra year to prepare before MTD becomes mandatory