{"id":9323,"date":"2011-03-23T16:53:01","date_gmt":"2011-03-23T14:53:01","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=9323"},"modified":"2011-03-23T16:54:01","modified_gmt":"2011-03-23T14:54:01","slug":"channel-islands-avt-abuse-good-news-but-not-good-enough","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2011\/03\/23\/channel-islands-avt-abuse-good-news-but-not-good-enough\/","title":{"rendered":"Channel Islands’ VAT abuse – good news but not good enough"},"content":{"rendered":"

The Budget says:<\/p>\n

\n

The Government will reduce the Low Value Consignment Relief (LVCR) threshold from \u00a318 to \u00a315 from November 2011. In addition, the Government will explore options with the European Commission to limit the scope of the relief so that it can no longer be exploited for a purpose it was not intended for. The Government will also revisit the level of the LVCR in Budget 2012, if discussions with the European Commission do not produce a workable solution to the problem of exploitation of the relief.<\/p>\n<\/blockquote>\n

That's good news.<\/p>\n

But it's not good enough. This allows vast amounts of abuse to continue - on almost all music for example.<\/p>\n

Unless the government is intent on stopping the round tripping of goods in the next year then this is token gesturism.<\/p>\n

I sincerely hope that is not true.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Budget says: The Government will reduce the Low Value Consignment Relief (LVCR) threshold from \u00a318 to \u00a315 from November 2011. In addition, the Government
Read the full article…<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[127,96,4,7,34],"tags":[],"class_list":["post-9323","post","type-post","status-publish","format-standard","hentry","category-budget","category-conservatives","category-guernsey","category-jersey","category-vat"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/9323","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=9323"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/9323\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=9323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=9323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=9323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}