Four of the six largest UK energy companies have now hiked their prices by more than 9%. The companies blame green taxes, but critics say this is a smokescreen to cover their big profits.
The European Commission has published practical guidelines for businesses to prepare them for the one-stop shop which will help them comply with all their VAT obligations across the EU from a single member state.
In an exclusive interview, Algirdas Semeta, EU Commissioner for Taxation, Customs Union, Audit and Anti-Fraud discusses progress on VAT reform, plans for the financial transactions tax (FTT) in the face of opposition from some member states, efforts to tackle tax avoidance and his priorities for 2014, which include taxation of the digital economy.
