Thursday 18 September 2014

European court adds massive VAT bill to British financial companies | City A.M.

"Stephen Morse, tax partner at PwC, said: "The case significantly expands the VAT net for financial services firms. Banks and insurers are likely to be affected most… Any internal costs between a firm's branches will now face VAT, rather than just the external costs. Many financial services firms will see their VAT bills soar."



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Sketches from scratches is a provocative blogspot that has grown out of the Wuh Lax experience. It is eclectic, which means that it might consider just about anything from the simple to the extremely difficult. A scratch can be something that is troubling me or a short line on paper. From a scratch comes a verbal sketch or image sketch of the issue or subject. Other sites have other stuff that should really be of interest to the broad reader. I try to develop themes, but variety often comes before depth. ... more!