Mind the VAT gap

Mind the VAT gap
EU countries losing out on €151 billion due to 'Vat gap'. Pic: iStock

Apart from Brexit, businesses also need to keep an eye on the progress of European Commission proposals aimed at tackling Vat fraud across the EU, writes BDO's Ivor Feerick

Brexit isn’t the only EU change that will disrupt businesses that export. Very soon after the dust settles on Brexit, new and somewhat more onerous Vat rules will be introduced throughout the remaining 27 European Union member states.

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