Brokers urged to consider 'special method' for VAT calculation
Brokers could be missing out on sizable savings by using the standard model for calculating their VAT liaiblity, according to PFK Littlejohn tax partner Luigi Lungarella.
Speaking at a tax seminar for brokers and managing general agents Lungarella said there was ‘a real lack of understanding of basic fundamentals that sometimes catches brokers out".
While the standard
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