Thread: Jersey and Guernsey lose VAT case against UK Treasury
View Single Post
Old 16-03-2012, 03:23   #1
geminian68
Inactive
 
geminian68's Avatar
 
Join Date: Nov 2004
Location: Midlands
Age: 55
Services: VM: V.I.P, 50mb.
Posts: 222
geminian68 is a glorious beacon of lightgeminian68 is a glorious beacon of lightgeminian68 is a glorious beacon of lightgeminian68 is a glorious beacon of lightgeminian68 is a glorious beacon of lightgeminian68 is a glorious beacon of lightgeminian68 is a glorious beacon of light
Jersey and Guernsey lose VAT case against UK Treasury
Quote:
Phil Balderson said he would have to move parts of his supplement business away from the island

Legal challenges against the scrapping of a tax loophole that allowed the Channel Islands to sell DVDs and CDs VAT-free have failed.

Jersey and Guernsey lost their cases after three days in the High Court to try to stop the UK Treasury ending Low Value Consignment Relief (LVCR).

Mr Justice Mitting ordered the islands to pay half the UK government's legal costs.

Both island governments said they were considering an appeal.
http://www.bbc.co.uk/news/world-europe-jersey-17375046
geminian68 is offline   Reply With Quote