It was interesting to hear from HMRC representatives at the recent British Universities Finance Directors Group (BUFDG) Tax Conference that whilst they have employed over 15000 new tax specialists in the last 2-3 years there is the recognition that these new staff – trying to get to grips with the complexities of VAT across various, diverse sectors from Travel, Finance, Education and Property – have not always given the “correct” guidance.
Source: centurionvat.com
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