The Public Accounts Committee's latest report Tax Evasion in the Retail Sector sheds light on HMRCs slow response in preventing widespread VAT evasion in online retail, critically assessing the role that failings by HMRC and Companies House has played in assisting criminal activity. wix.to/PIbrUVt

The UK could generate £600m plus in just one year by imposing duty on direct Chinese imports i.e. Temu Shein. By way of comparison imposing VAT on Online Marketplaces brought in £1.5 billion EVERY year. Stop the dumping of untaxed Chinese goods in the UK. www.bbc.co.uk/news/article...

You can find me on X (Twitter) too

On 16 Dec 2024 The Public Accounts Committee put concerns to officials from HMRC and Companies House re online tax. Read our latest blog which addresses in some detail these concerns and proposes that Online Market Places collect VAT on all transactions wix.to/897aiM3