TITLE

TAXMAN WIDENS VAT NET

AUTHOR(S)
Hayhurst, Lay
PUB. DATE
September 2010
SOURCE
Travel Weekly (UK);9/10/2010, Vol. 5 Issue 2034, p80
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article depicts issues regarding tax policy in the tourism industry in Great Britain. It highlights the move of Damon Wright, Value Added Tax (VAT) senior manager at tax specialist Grant Thornton, to warn other travel sectors following the VAT review made by a taxman on Medhotels. It found out that Medhotels has failed to improve the quality of its processes as well as in paying VAT on the mark-up on hoteliers' net rate.
ACCESSION #
54313482

 

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