Sentences with phrase «vat fraud rate»

Officials said they «do not recognise the figures» put forward by a Belgian taskforce, which suggest VAT fraud rate in the UK is five times higher than any other EU country.

Not exact matches

HMRC has advocated a «reverse» charge or a flat 15 % VAT rate between member states that could be later reclaimed to deter carousel fraud but the simpler export of non-existent or significantly overvalued «antiques» from the UK would escape these restrictions.
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