Lost tax revenue from services bought from suppliers based overseas is more than £1.6bn a year, says report Britain could have financed the Olympic Games out of the VAT it is losing on the sales of digital services, new research shows, heaping more pressure on George Osborne to close tax loopholes enjoyed by multinational companies in Wednesday's autumn statement. As Britons splashed out millions on Christmas gifts on the busiest online shopping day of the year, a report by a leading telecoms...
Lost tax revenue from services bought from suppliers based overseas is more than £1.6bn a year, says report Britain could have financed the Olympic Games out of the VAT it is losing on the sales of digital services, new research shows, heaping more pressure on George Osborne to close tax loopholes enjoyed by multinational companies in Wednesday's autumn statement. As Britons splashed out millions on Christmas gifts on the busiest online shopping day of the year, a report by a leading telecoms...
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