16-03-2012, 14:36
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#4
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Permanently Banned
Join Date: Oct 2011
Location: Radio Cairo, Hampstead, London
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Posts: 2,937
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Re: Jersey and Guernsey lose VAT case against UK Treasury
Quote:
Originally Posted by mertle
So what does this ruling mean am I right to assume those companies like play, tesco, hmv, asda who used the loophole to sell games, dvd, cd from the channel isles will now have to cough up backdated vat.
Does this mean the bill passed onto the customers who bought such goods from these.
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The prices themselfs will also increase by 20% now that they include VAT
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