Warning to fulfilment industry in UK Budget

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Although UK Chancellor Gordon Brown has not altered the £18 VAT threshold for goods shipped from offshore locations – the arrangement that underpins the fulfilment sector – he said that he would consider new regulations if there were excessive exploitation of the rule.

In other respects, the Budget – Mr Brown’s tenth and perhaps his last given the possibility that he will soon become Prime Minister – is unlikely to have dramatic effects on the Island.

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