V6.109 On the horizon

V6.109 On the horizon

The merger of the revenue departments has already led to a restructuring of the powers of HMRC, and a (partial) harmonisation of the penalty regime (see V5.224A–V5.241, V5.345). This process of harmonisation is not limited to domestic authorities. It seems likely that, given the high incidence of intra-Community Fraud and the expansion of the EU, there will be increased cooperation and exchange of information between member states. This is demonstrated by the so-called “VAT package” which, in stages from 1 January 2010, has amended the place of supply rules for B2B services such that the general

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