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VAT in the Boardroom

Patrick Walker head of indirect tax solutions practice at PricewaterhouseCoopers responds to an earlier article in The Tax Journal that set out Customs perspective on VAT in the boardroom
In a The Tax Journal article on 15 September 2003 Issue 708 Mike Eland acting Chairman of HM Customs & Excise set out a number of thoughts on how Customs business and their advisers could collaborate. The article speculated on how VAT might be considered by the boards of UK businesses — and drew interesting comparisons between the board meetings of Customs and those of UK businesses.
The board of any business has a primary obligation to its shareholders to ensure the company performs at its optimum returning dividends and achieving capital growth ...
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