Play.com exits Jersey because of LVCR removal

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Play.com exits Jersey because of LVCR removal

Salman Shaheen
January 10, 2013
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Online retailer Play.com has shut down its once profitable Jersey business, which thrived because of the low value consignment relief (LVCR) VAT loophole. The move is a blow to the Channel Islands’ economy, but has been welcomed by UK businesses undercut by their offshore rivals.

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NewsJerseyIndirect TaxEuropean UnionUnited KingdomEuropeJurisdictions
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Salman Shaheen
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Salman Shaheen worked at ITR between 2010 and 2017
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