{"id":12649,"date":"2011-11-01T08:50:59","date_gmt":"2011-11-01T08:50:59","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=12649"},"modified":"2011-11-01T08:50:59","modified_gmt":"2011-11-01T08:50:59","slug":"the-end-of-channel-islands-vat-abuse-is-nigh","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2011\/11\/01\/the-end-of-channel-islands-vat-abuse-is-nigh\/","title":{"rendered":"The end of Channel Islands&#8217; VAT abuse is nigh"},"content":{"rendered":"<p>As the <a href=\"http:\/\/www.bbc.co.uk\/news\/world-europe-guernsey-15526492\" target=\"_blank\">BBC reports in Guernsey this morning:<\/a><\/p>\n<blockquote>\n<p id=\"story_continues_1\">A reduction in VAT relief on parcels sent to the UK from outside the EU [introduced today] is unlikely to be the last change, according to the UK Treasury.<\/p>\n<p>The tax is not paid on goods below the Low Value Consignment Relief (LVCR) threshold, which changed from \u00a318 to \u00a315 on 1 November 2011.<\/p>\n<p>The Channel Islands are among locations that have been seen as bases for the exploitation of the \"VAT loophole\".<\/p>\n<p>A Treasury spokesperson said further changes were being investigated.<\/p>\n<p>The spokesperson said: \"We are exploring options to further limit the relief so it can be longer be inappropriately exploited.\"<\/p><\/blockquote>\n<p>An email in my inbox says expect an announcement soon, possibly today.<\/p>\n<p>And I know that at least one fulfilment\u00a0company\u00a0is now laying off staff in the\u00a0Channel\u00a0Islands\u00a0in anticipation of the move.<\/p>\n<p>It's game over for another Channel Ilsands' abuse and another win for tax campaigners.<\/p>\n<p>Now when will the Channel\u00a0Islands\u00a0realise it is time to rebuild\u00a0their\u00a0economies\u00a0on the basis of\u00a0something\u00a0more solid than tax abuse?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the BBC reports in Guernsey this morning: A reduction in VAT relief on parcels sent to the UK from outside the EU [introduced today]<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2011\/11\/01\/the-end-of-channel-islands-vat-abuse-is-nigh\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,7,10,34],"tags":[],"class_list":["post-12649","post","type-post","status-publish","format-standard","hentry","category-guernsey","category-jersey","category-tax-avoidance","category-vat"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/12649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=12649"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/12649\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=12649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=12649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=12649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}