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.
EU Council President Herman Van Rompuy has said that he wants most of the revenue from the financial transaction tax (FTT) to go directly to the EU budget.
Dixons is leading a case along with 16 UK high street chain stores to recover VAT paid on fraudulent credit card transactions. If it wins, the precedent set could lead to a string of claims across Europe.
Airlines are celebrating the Commission’s decision to suspend the inclusion of non-EU flights in the Emissions Trading Scheme (ETS) in favour of a global solution, but environmentalists fear it is a major setback for any such International Civil Aviation Organization (ICAO) brokered system.
