UK Based Global VAT and Tax Compliance Consultants

Major Reform Needed To Tackle EU VAT Gap


According to a press release issued by the European Commission today the difference between the expected VAT revenue and the amount actually collected in the EU commonly referred to as the ‘VAT Gap’ was €160 billion in 2014. 2014 saw a €2.5 billion decline on 2013’s VAT Gap. More to follow…