PARLIAMENTARY WRITTEN QUESTION
Foreign Companies: VAT (2 January 2015)
Question Asked
To ask Mr Chancellor of the Exchequer, if he will estimate the cost to the economy of overseas firms not registering for VAT in the UK; and what steps he plans to take to ensure that such companies do register for VAT.
Asked by:
Mr Toby Perkins (Labour)
Asked by:
Mr Toby Perkins (Labour)
Answer
HM Revenue & Customs (HMRC) uses a range of information sources to identify overseas businesses that are making supplies in the UK which make them liable to account for VAT here.
Answered by:
Mr David Gauke (Independent)
8 January 2015
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