HMRC “misjudged impact of EU digital services rules”

This item was filled under Tax

HMRC greatly underestimated the impact of European Union tax rules for digital services, according to a study by Enterprise Nation, a membership group for start-up businesses.

The organisation’s EU VAT Taxation Report shows that a Revenue investigation in 2013 predicted around 5,000 non-VAT-registered firms were likely to be affected by the regime – but …

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