Chaos predicted under new VAT rules
New VAT rules will have detrimental financial impact on the UK’s insurance and outsourcing sectors, unless EU rules are changed, a leading firm has warned.
Paddy Behan, VAT director at Grant Thornton, commented: “There is a real danger that developments in VAT could distort choices in relation to outsourcing and put EU businesses - both insurers andOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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