Why companies should not follow The Hut’s lead to claim LVCR by shipping through US
20 November 2012
Salman Shaheen - ITR
The Hut is the latest company to be exposed for dodging the UK’s low value consignment relief (LVCR) removal on Channel Islands mail order. But neither advisers nor campaigners see the merits in circular shipping via the US.
A report in the
Guardian newspaper has revealed how online retailer
The Hut is circumventing the UK’s removal of
LVCR from Channel Island mail order goods, by circular shipping
via the US.
"Cheshire-based The Hut Group
was one of the most active online businesses in a £500
million-plus trade in VAT-free goods shipped from the Channel
Islands until April of this year," the Guardian
The Guardian has
uncovered evidence that The Hut, which owns the zavvii.com
brand, closed its warehouse in Guernsey to shift some
operations to a site outside Chicago.
"Since Osborne's crackdown, which came into...
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