What next for the Crown Dependencies and VAT?

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The UK has now stopped the Isle of Man benefitting from the UK VAT system.

So what’s next for the Crown Dependencies and VAT? It seems very obvious that Low Value Consignment Relief, which is extensively abused in Guernsey and Jersey should be next to go. The saving to the UK will be at least as much, the cost to the islands in question much less.

There seems not reason not to do this now.

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