After taking advice Cello has issued a statement re the HMRC VAT issue. Sadly the matter remains unresolved and a frustration. However the stock has overreacted in our view and with the business performance strong (see recent results) we see this as an opportunity to Buy stock. The background is that Cello made an offer to HMRC in December to settle matters and provided additional information in January. HMRC only responded recently and Cello received this on afternoon of 21 March. The response ....
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
VAT again
After taking advice Cello has issued a statement re the HMRC VAT issue. Sadly the matter remains unresolved and a frustration. However the stock has overreacted in our view and with the business performance strong (see recent results) we see this as an opportunity to Buy stock. The background is that Cello made an offer to HMRC in December to settle matters and provided additional information in January. HMRC only responded recently and Cello received this on afternoon of 21 March. The response ....