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Warnings about VAT ‘cash grab’ on the self-employed

IPSE, the Association of Independent Professionals and the Self Employed, has responded to a new review of VAT by the OTS (Office of Tax Simplification). Citing the average £20,000 level across the EU, the report suggests that the UK’s ‘high level … is having a distortionary impact on business growth and activity’.

Contributor: Tom Purvis | Published: 15 November 2017