Diesel refunds set to exit the VAT system
Standalone refund system promises greater visibility, with both users and sellers required to register.
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Standalone refund system promises greater visibility, with both users and sellers required to register.
This means most second-hand gold is subject to the usual value-added tax rate of 15%, closing off a loophole that has been in place for decades.
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PKF’s bold proposal aims to eliminate refund fraud and simplify compliance.
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