VAT & SMEs: The influence of the European Court. By Simon Newark

For small and medium-sized businesses trading only within their own member state, perhaps only in their local area, the findings and pronouncements of the European Court may seem more than a little remote and irrelevant to their day to day activities. But is this right? Should the businessmen and women running such vital mainstays of local life have to be aware of such seemingly irrelevant happenings? Do they need to? Perhaps a better question is that if they knew what the implications were for their business, would they want to?

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