Tag Archives: fraud

Dubai-based VAT fraudster faces extra 10-year jail term

“The conspirators imported mobile phones and computer parts to the UK through Europe, but would sell them on in the UK adding VAT. They then exported them back to the EU, claiming VAT credits.” http://www.bbc.co.uk/news/uk-england-21638050 Eamon McNicholas Tax Barrister, Accountant … Continue reading

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Rohan Pershad QC sentenced to three and half years for VAT fraud

“Pershad was found guilty of cheating the public purse earlier this month after “deliberately” not paying a total of £600,000 VAT over a period of 12 years.” Banged to rights! http://www.thelawyer.com/news-and-analysis/practice-areas/litigation/bar-news-and-analysis/rohan-pershad-qc-sentenced-to-three-and-half-years-for-vat-fraud/3001738.article Eamon McNicholas Tax Barrister, Accountant http://www.EamonMcNicholas.com

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Tax fraud target missed ‘by a mile’

“According to HMRC’s own figures, the majority of this £2.27 billion – £1.6 billion – was due to error rather than fraud by claimants. I also find it deeply worrying that even after HMRC has taken action, one in five … Continue reading

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Werrington electrician jailed over £372k VAT fraud

This scam was based on the “HM Revenue and Customs’ (HRMC) policy that new build developments are exempt from VAT meaning contractors do not pass on the charge”. http://www.thisisstaffordshire.co.uk/Werrington-electrician-jailed-pound-372k-VAT/story-18089104-detail/story.html#axzz2KK5StDv8 Eamon McNicholas Tax Barrister, Accountant http://www.EamonMcNicholas.com

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3 Brits banged up for £300k VAT scam

The men set up bogus companies including a clothes manufacturer, a publishing house and a software engineering company and then submitted VAT repayment claims for the businesses, HMRC said today. However, there was no evidence that any of the firms … Continue reading

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Co Antrim man jailed for tobacco smuggling

“A confiscation hearing will take place on 8 February”. I’m guessing he won’t be keeping these cigarettes….let’s see. http://hmrc.presscentre.com/Press-Releases/Co-Antrim-man-jailed-for-excise-fraud-68655.aspx Eamon McNicholas Tax Barrister, Accountant http://www.EamonMcNicholas.com

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HMRC: taxman increasingly ‘snooping’ on taxpayers

The taxman does indeed move in mysterious ways. http://www.telegraph.co.uk/finance/personalfinance/consumertips/tax/9799947/HMRC-taxman-increasingly-snooping-on-taxpayers.html Eamon McNicholas Tax Barrister, Accountant http://www.EamonMcNicholas

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