Dealmaking VAT Reclaim Black Hole: A Costly Conundrum for Businesses
Friday, 17 May 2024, 10:11
Dealmaking VAT Reclaim Black Hole: A Costly Conundrum for Businesses
The unreclaimed VAT in dealmaking is causing Scottish businesses to miss out on approximately £10 million in rebates every year.
This significant black hole highlights a pressing issue that demands attention and action.
Failure to address this problem may lead to continued financial losses and inefficiencies for businesses in the sector.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.