{"id":82418,"date":"2017-07-11T05:50:10","date_gmt":"2017-07-11T05:50:10","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=cace62afaf53d1ac8cbdef96df4e9eb1"},"modified":"2017-07-11T05:50:10","modified_gmt":"2017-07-11T05:50:10","slug":"impact-of-split-payment-model-on-uk-businesses","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=82418","title":{"rendered":"Impact of split payment model on UK businesses"},"content":{"rendered":"<div class=\"field field-name-body field-type-text-with-summary field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\" property=\"content:encoded\">\n<p>HMRC must clarify its plans to crack down on VAT non-compliance by overseas companies that trade online. It is considering a new measure called a split payment model. VAT will be extracted from the price paid by consumers in real time using card payment technology and then deposited with HMRC. The aim is to reduce VAT losses from overseas businesses selling goods to &#8230;<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>HMRC must clarify its plans to crack down on VAT non-compliance by overseas companies that trade online. It is considering a new measure called a split payment model. VAT will be extracted from the price paid by consumers in real time using card paymen&#8230;<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/82418"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=82418"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/82418\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=82418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=82418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=82418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}