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UK Businesses Save £700 Million with Digital VAT Returns

  • UK businesses saved over 700 million pounds by using digital records and software for VAT returns.
  • The UK tax authority announced this on Thursday.

Source: news.bloombergtax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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