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Tag Archives: the UK

VAT: EU Member States still losing almost EUR 150bn in revenues. The VAT Gap did increase in Romania, Finland, the UK, Ireland, Estonia, and France

EU countries lost almost EUR 150 billion in Value-Added Tax (VAT) revenues in 2016, according to a new study published on Friday by the European Commission. The so-called ‘VAT Gap’ shows the difference between the expected VAT revenue and the ...

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Eurostat: Romania, the highest budget deficit in the EU in Q2 – 4.1pc

The European Commission estimates that Romania has concluded Q2 2017 with a 4.1% seasonally adjusted budget deficit, the highest in the European Union, Eurostat figures released on Tuesday reveal. Eurostat has revised also the statistics for Q1 to 3.6% against ...

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