UK losing £1bn through online VAT errors

ReutersNewsPublished: April 20, 20172 views
Published: April 20, 2017

Britain is losing up to 1 billion pounds a year in value added tax because of fraud or error by sellers using online marketplaces eBay and Amazon. As Saskia O'Donoghue reports, the National Audit Office says the sellers involved are often based in China.

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