Can E-invoicing help small business David’s in their ongoing battle against industrial Goliaths?
Menzies
JANUARY 4, 2024
Menzies LLP - A leading chartered accountancy firm. shows that HMRC have done well to reduce the UK VAT Gap (the difference between what is owed and what is collected) from c14% in the 2005/06 tax year down to c5.4% billion in lost tax revenue a year, so there is further work to do. for 2021/22. for 2021/22.
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