Dundee businessman jailed for 18 months over £166,000 VAT scam

“Dundee Sheriff Court heard Brinner Sabando told HMRC that his firm, Dundee-based Fresca Ltd, had made a loss after spending almost £1.4m on stock and equipment. But tax officials found he had only paid out £250,000. Sheriff Elizabeth Munro jailed Sabando for 18 months. In total, the Ecuadorian national claimed £166,757.46 of VAT repayments for which he was not entitled.”

Banged to rights!

http://www.bbc.co.uk/news/uk-scotland-tayside-central-22510593

Eamon McNicholas
Tax Barrister, Accountant
EamonMcNicholas.com

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About Eamon McNicholas

Tax Barrister, Accountant www.EamonMcNicholas.com
This entry was posted in Tax and Accounting News and tagged , , , , , . Bookmark the permalink.

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