Credit card giant MasterCard has
launched a VAT recovery service, which will allow large and small business to
recover the duty paid in 36 countries.
Called ‘VATrecovery’, businesses can recover up to 100% of the eligible
domestic and foreign VAT they incur.
A VAT Best Practice Guide has been developed with
KPMG providing practical tips and advice
about how to maximize VAT recovery.
The service allows commercial cardholders to see, on a real-time basis, how
much VAT they have paid as part of their card spending as well as an estimate of
how much they are entitled to recover.
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states