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Jim Harrison
22nd December 2014 VAT Bench-Marking

Motor Vehicle Garages and Furniture Retailers: Beware¬†VAT Margin-Benchmarking Have you received a letter from HM Revenue and Customs headed “transparent benchmarks”?. Around 7,500 businesses engaged in the repair and maintenance of motor vehicles and in the retail sale of furniture are likely to receive these letters. The letters provide details of the anticipated relationships between…

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