HMRC Incompetence

HMRC has shown a woeful lack of understanding of the scale and risk of VAT fraud now being committed by Chinese and Non EU NETPs on eBay and Amazon. In July 2014 we handed our detailed report to HMRC VAT Fraud Team and Lin Homer, the CEO of HMRC. We were extremely...

NETPS & The Law

From 1 December 2012, all Non-established taxable persons (NETPs) (HMRC VATREG37000), supplying goods located in the UK are required to register for UK VAT when they make their first supply of goods or services here, regardless of the value. There is no VAT threshold...

Invasion of the NETPs

The official term for businesses from outside the UK, who are warehousing and dispatching goods from the UK to customers in the UK is Non-established taxable persons (NETPs). From 1 December 2012, all Non-established taxable persons (NETPs), supplying goods located in...