Despite media reports suggesting otherwise, a spokesman for the retailer said
the store wasn’t refusing to implement the change, and welcomes the VAT
reduction from 17.5% to 15%. He said Debenhams was still compensating Christmas
shoppers despite the delay in updating systems.
‘We’re looking to pass on savings to customers in other areas. There are lots
of in-store concessions,’ he said. The spokesman said he was unable to comment
on why competitors have been able to introduce the change onto systems within
the specified time but confirmed the new rate will be implemented on store
systems by Monday.
Making Tax Digital will impose significant additional tax compliance costs on small businesses for little or no medium term benefit, tax and small business experts told MPs
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
Does Darwin's theory apply to taxation? Colin ponders...