International VAT Tax Consultancy

Reduction In EU VAT Gap

The estimated missing VAT from the European Union (The VAT Gap) has reduced to 147 Billion Euro in 2016,  down from the recorded 157 Billion total in 2015. The VAT Gap decreased significantly in a number of key states such as Netherlands and Bulgaria in contrast to the UK, Ireland, Estonia France and Romania who saw a reversal in the Gap.