Checkmate for chess-playing fraudster as prized pottery auctioned
A fugitive fraudster who stole more than £750,000 in a tax and mortgage fraud faces an extra five years in prison for not paying back the money.
Categories: vat
New support for Small Business from HMRC
Running a small business, working for yourself, or considering self-employment?
HMRC’s free online guidance and interactive tools can help you understand your tax responsibilities.
As Small Business Saturday approaches, HM Revenue and Customs (HMRC) has launched a new interactive online tool and clearer guidance for people working for themselves and individuals considering self-employment.
HMRC launches VAT Registration Estimator
HM Revenue and Customs (HMRC) has launched a digital tool to help businesses estimate what registering for VAT may mean for them.
The VAT Registration Estimator has been developed after feedback from small businesses suggested an online tool would be helpful to show when their turnover could require businesses to register for VAT and its effect on profits.
A business must register for VAT i
Car finance fraudster jailed
A gang that set up 90 bogus companies in a bid to steal more than £800,000 in a VAT and car finance fraud have been sentenced to more than 10 years.
Cross-country enquiries into suspected electronic till fraud
Takeaways across England have been subject to unannounced inspections as part of an Electronic Sales Suppression (ESS) probe. The action by HM Revenue and Customs (HMRC) officers took place at a total of 17 different outlets in London, Ipswich, Manchester and Newcastle over the last month. It follows several separate till fraud enquiries, which include the arrest of a 47-year-old man.
Gold bars sold to repay VAT fraud
Gold bars, luxury watches and rare coins will be auctioned off to recover public money stolen in a VAT fraud. Anthony Bond, 66, from Great Missenden, Bucks, was jailed for seven-and-a-half years in April 2019 for a ‘missing trader’ VAT fraud.
Businesses targeted across Britain as part of till fraud probe
More than 20 takeaways and restaurants in Edinburgh, London, St Helens and Stoke have been subject to unannounced visits as part of a crackdown on electronic till fraud. The action by HM Revenue and Customs (HMRC) officers took place over the last four weeks, with 24 hot food takeaways and restaurants targeted.
VAT fraudsters stripped of luxury mansion
Two VAT fraudsters, who chose to spend an extra decade in prison rather than pay back stolen cash, have had their £2.1m Buckinghamshire country house sold by HM Revenue and Customs (HMRC).
Syed Ahmed and Shakeel Ahmad, both 51, were jailed for seven years in 2007 for their part in a £12.6m VAT fraud that saw 21 individuals receive prison sentences totalling 74 years.
The defendants were joi
Tax stealing tiler sentenced
A tax stealing tiler has been sentenced for a £492,000 VAT fraud after ignoring a chance to come clean
VAT fraudster to cough up £1.2m or face longer in jail
A jailed fraudster who bought three Spanish villas after stealing from the taxpayer must pay £1.2 million back or face another seven years in jail. Graham Drury, 71, formerly of Strathalyn, Rossett, Wrexham, was jailed for five-and-a-half years in 2021 after submitting fraudulent VAT returns to HM Revenue and Customs (HMRC).
Twyllwr TAW i dalu £1.2m neu bydd yn wynebu rhagor o amser yn y carchar
Mae’n rhaid i dwyllwr sydd wedi’i garcharu, a brynodd dair fila yn Sbaen ar ôl dwyn mwy na £1.2 miliwn oddi ar drethdalwyr, dalu’r arian yn ôl neu bydd yn wynebu saith mlynedd arall yn y carchar.
Cafodd Graham Drury, 71 oed, gynt o Strathalyn, Yr Orsedd, Wrecsam, ei garcharu am bum mlynedd a hanner yn 2021 ar ôl cyflwyno Ffurflenni TAW twyllodrus i Gyllid a Thollau EF (CThEF).
Mewn gwrandaw
Twenty-seven sentenced in Northern Ireland’s biggest ever tax fraud case
The ringleaders of a gang who triggered Northern Ireland’s biggest ever tax probe have been jailed thanks to secretly recorded conversations in a bugged accountant’s office. The decade-long investigation into the £5 million tax fraud ended yesterday with prison sentences issued to gang leaders 58-year-old Francis Devlin and 56-year-old Paul McStravick for a combined total of eight years.
Counterfeit clothing boss sentenced for fraud worth more than £150 million
Two men involved in one of the UK’s largest ever carousel tax frauds have been sentenced to a combined total of 31 years in jail. Sock manufacturer Arif Patel, 55, of Dubai, was sentenced in his absence to 20 years behind bars, while co-accused Mohamed Jaffar Ali, 59, also of Dubai, was also sentenced in his absence to 11 years in jail.
Counterfeit clothing boss convicted of fraud worth more than £150 million
The mastermind of a fake designer clothing scam has been convicted of one of the UK’s largest ever carousel tax frauds.
Sock manufacturer Arif Patel, 55, of Preston, and his criminal gang tried to steal £97 million through VAT repayment claims on false exports of textiles and mobile phones.
They also imported and sold counterfeit clothes that would have been worth at least £50 million, had
Prison time doubled for ‘most wanted’ tax criminal
One of the UK’s most wanted tax fugitives, who was caught and jailed for eight years last year, has had her sentence more than doubled for failing to repay the money she stole.
Sarah Panitzke, originally from York, played a leading role in a vast multi-million-pound VAT fraud and became one of the UK’s most wanted criminals after absconding during her trial in 2013.
The 48-year-old spent n
HMRC publishes simplified VAT guidance for overseas sellers
HM Revenue and Customs (HMRC) has published simplified VAT guidance for overseas sellers, with a new translation aimed at Chinese retailers that sell goods online into the United Kingdom.
HMRC reminds businesses about new VAT penalties and interest payments ahead of filing deadline
HMRC is reminding VAT registered businesses to file their VAT returns and pay on time, ahead of new penalties being applied.
Government announces phased mandation of Making Tax Digital for ITSA
Self-employed individuals and landlords will have more time to prepare for Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA), following a government announcement today (19 December 2022).
Four arrested in multi-million pound tax repayment probe
Four men have been arrested as part of a coordinated operation across England into large-scale tax repayment fraud. More than 50 officers from HM Revenue and Customs’ (HMRC) Fraud Investigation Service executed warrants simultaneously in Harrogate, Torquay, London and Kent on 11 October 2022.
Less than one month left for VAT businesses to be ready for Making Tax Digital filing
HM Revenue and Customs (HMRC) is reminding businesses that from Tuesday 1 November, they will no longer be able to use their existing Value Added Tax (VAT) online account to submit VAT returns.
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