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Government announces plan to close Channel Islands small consignments VAT loophole

15 November 2011 | Paul Gershlick

The tax loophole that allows goods costing less than £15 to be imported from the Channel Islands will close from 1 April 2012, the Government has announced. The aim is to allow small UK businesses to...

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New version of Incoterms launched

24 September 2010 | Paul Gershlick

The International Chamber of Commerce has launched a new version of Incoterms. It comes into effect on 1 January 2011. The rules create uniformity regarding certain key principles with international trade,...

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Death and taxes

21 July 2010 | Iain Donaldson

Sorry for the cliched title, but I wanted to talk about things that are inevitable facts of life.  Death, taxes, old age, buttered side down toast dropping seem to top the list of the most worrisome. Something...

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Government confirms scrapping of broadband tax in Budget

24 June 2010 | Mark Weston

The Government has confirmed that it will scrap the broadband tax that had been proposed by the previous Labour Government – even before it is introduced.  Labour had proposed charging 50p for every...

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Liechtenstein whistle blower case opens floodgates to litigation

12 February 2010 | Shimon Shaw

The Liechtenstein bank LGT Treuhand (now known as Fiduco Treuhand) has been ordered to pay €7.3m to one of its customers, to compensate him for being prosecuted for tax evasion in Germany. Heinrich...

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