An EUSSR ruling on VAT will be causing Alistair "The Badger" Darling's eyes to water.
Previously disallowed VAT on entertaining foreign customers and business associates can now be claimed back, from 1988 onwards.
And the ruling seems to make it simple to do so, as claimants can base it on their current levels of entertaining, no digging back through the archives for the actual receipts.
So, much as I hate the EUSSR with a vengeance, I can appreciate the Badger's discomfort, especially in this time of falling tax receipts.
The Penguin
1 comment:
Good to watch him squirm!
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