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Online VAT Fraud

PhilHallAAT
PhilHallAAT Registered, Moderator Posts: 80 mod
edited February 2020 in AAT news and announcements
This week AAT urged the Government to make online marketplaces like Amazon and eBay responsible for the collection and remittance of VAT - helping small businesses, saving over £1bn currently lost to fraud and promoting fair competition.

Full details are available in this AAT Comment article from Adam Harper, AAT's Director of Strategy & Professional Standards:
https://www.aatcomment.org.uk/accountancy-resources/tax-accountancy-resources/time-for-online-marketplaces-to-collect-and-remit-vat/
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