Unprecedented levels of information, including account balances, interest payments and beneficial ownership, will be shared with the UK, says Treasury. 2
A recent ruling by a tax tribunal that extended the “cultural” VAT exemption to cover admission fees from cinema screenings could help charities raise money, an accounting firm said.
A businessman who was jailed for stealing more than £500,000 in fraudulent VAT repayments has been ordered to repay £113,472 or serve a further three years in prison.
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