{"id":9740,"date":"2011-04-25T20:16:05","date_gmt":"2011-04-25T19:16:05","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=9740"},"modified":"2011-04-25T20:16:05","modified_gmt":"2011-04-25T19:16:05","slug":"thompson-morgan-playing-a-game-in-the-channel-islands","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2011\/04\/25\/thompson-morgan-playing-a-game-in-the-channel-islands\/","title":{"rendered":"Thompson &#038; Morgan &#8211; playing a game in the Channel Islands?"},"content":{"rendered":"<p>The <a href=\"http:\/\/www.taxresearch.org.uk\/Blog\/2011\/04\/24\/you-cant-even-buy-your-seeds-without-vat-abuse\/\" target=\"_blank\">Telegraph accused Thompson &amp; Morgan <\/a>of\u00a0exploiting\u00a0the Channel Islands to avoid VAT yesterday.<\/p>\n<p>My sources in the Channel Islands have been doing their work and note that <a href=\"http:\/\/www.diyweek.net\/news\/news.asp?id=10852\" target=\"_blank\">T &amp; M did buy a company in Guernsey in 2007:<\/a><\/p>\n<blockquote><p><em>Horticultural supplier Thompson &amp; Morgan has acquired Guernsey-based Rainbow Flowers.<\/em><\/p>\n<p>The acquisition provides Thompson &amp; Morgan with the opportunity to broaden its proposition and sell fresh and silk flowers, gifts and chocolates.<\/p>\n<p>Rainbow will continue to trade under its own name with current managing director Carol Jenson remaining.<\/p><\/blockquote>\n<p>So what?<\/p>\n<p>Well that's just the time the pressure began to arise on 'non-local'\u00a0owners\u00a0to stop exploiting the VAT rules.<\/p>\n<p>Was that why T &amp; M and <a href=\"http:\/\/www.taxresearch.org.uk\/Blog\/2011\/04\/25\/more-on-mr-fothergills-and-jersey\/\" target=\"_blank\">Mr Fothergill both bought<\/a> Channel Islands' companies at almost exactly the same moment?<\/p>\n<p>I obviously don't know, but the possibility must exist.<\/p>\n<p>In which case both, of course, acted legally - as do others who\u00a0exploit\u00a0this\u00a0loophole. But that doesn't stop it being exploitation of a loophole. And it just adds to the tally of losses to the UK Exchequer that might have\u00a0arisen\u00a0as a result.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Telegraph accused Thompson &amp; Morgan of\u00a0exploiting\u00a0the Channel Islands to avoid VAT yesterday. My sources in the Channel Islands have been doing their work and<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2011\/04\/25\/thompson-morgan-playing-a-game-in-the-channel-islands\/\"><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":[1],"tags":[],"class_list":["post-9740","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/9740","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=9740"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/9740\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=9740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=9740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=9740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}