Channel Islands’ VAT abuse continues

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From the Channel Online TV:

Online greeting card company Funkypigeon could soon become the latest fulfilment business to set up in Guernsey.

The business is recruiting on the island, but they will not yet discuss why they want to make the move over the Channel.

One reason could be that rules on Low Value Consignment Relief or LVCR mean their goods would be exempt from VAT, but that is not something the States encourage.

Three things are clear:

a) Osborne's announcements clearly aren't having an impact.

b) The 'not encouraging' stance of the States is toothless.

c) Radical action to stop this abuse is now needed.

Will Osborne deliver? Who knows?