{"id":88018,"date":"2018-01-16T06:35:48","date_gmt":"2018-01-16T06:35:48","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=fbfc31d4cfe8535c736721440e0bcca4"},"modified":"2018-01-16T06:35:48","modified_gmt":"2018-01-16T06:35:48","slug":"mps-to-investigate-vat-on-imports-from-eu","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=88018","title":{"rendered":"MPs to investigate VAT on imports from EU"},"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>The Treasury committee will investigate the costs to small businesses of the move away from EU acquisition VAT to import VAT. In a <a href=\"http:\/\/tinyurl.com\/y95yqtmb\">letter to HMRC<\/a>, committee chair Nicky Morgan asked for:<\/p>\n<p>&#13;<\/p>\n<ul>\n<li>&#13;<br \/>\n\t\tAn estimate of the costs to businesses, to consumers and to HMRC arising from the charging of import VAT on EU trade without any unilateral or negotiated mitigations in place.<\/li>\n<p>&#13;<\/p>\n<li>&#13;<br \/>\n\t\tA description of the options to mitigate these costs in the absence of a negotiated outcome; an assessment of the risks to revenue collection; and an assessment of whether they would also have to be applied to non-EU imports.<\/li>\n<p>&#13;<\/p>\n<li>&#13;<br \/>\n\t\t&#8230;<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<div>\n<div>\n<p>The Treasury committee will investigate the costs to small businesses of the move away from EU acquisition VAT to import VAT. In a <a href=\"http:\/\/tinyurl.com\/y95yqtmb\">letter to HMRC<\/a>, committee chair Nicky Morgan asked for:<\/p>\n<ul>\n<li>\n\t\tAn estimate of the costs to businesses, to consumers and to HMRC arising from the charging of import VAT on EU trade without any unilateral or negotiated mitigations in place.<\/li>\n<li>\n\t\tA description of the options to mitigate these costs in the absence of a negotiated outcome; an assessment of the risks to revenue collection; and an assessment of whether they would also have to be applied to non-EU imports.<\/li>\n<li>\n\t\t&#8230;<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\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\/88018"}],"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=88018"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/88018\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=88018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=88018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=88018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}