HMRC

A tax expert has urged the government to clamp down on tax crime to help pay for the recovery from the coronavirus crisis.

A man accused of being part of a VAT scam is negotiating his surrender to the UK authorities, Swindon Crown Court heard.

Scammers are offering financial support as a result of coronavirus. If you receive an email, text or call claiming to be from HMRC asking you to click on a link or give information such as your name, credit card or bank details, it's a scam.

https://data.actionfraud.police.uk/cms/wp-content/uploads/2020/05/HMRC_scam.jpg

It is an unfortunate fact of life that most businesses do not become aware of the risks they are exposed to until it is too late. That is certainly the case when it comes to the risk of getting entangled in VAT fraud. Many businesses are entirely unaware of just how easy it is for VAT fraudsters to compromise the activities of legitimate trading – or just how much they could lose if that happens.

https://www2.deloitte.com/uk/en/pages/financial-advisory/articles/the-vat-fraud-trap-its-costing-billions-and-its-time-to-act.html?id=uk%3A2sm%3A3tw%3A4dcom_share%3A5awa%3A6dcom%3Acorporate_finance

The UK government is considering changes to the construction industry scheme (CIS) to reduce fraud from abuse of the scheme. The changes include a new power from April 2021 to allow HMRC to refuse deductions by sub-contractors in real time where HMRC suspects inaccurate amounts have been claimed.

https://www.pinsentmasons.com/out-law/news/uk-consults-construction-tax-abuse

Measures aim to counter fraudsters eyeing payment of huge sums in a very short period

https://www.ft.com/content/55c2a53d-009a-4731-91f0-4d68739233e7

Employees who were transferred to another organisation under TUPE after 28 February 2020 can receive 80% of their wages while furloughed under the Coronavirus Job Retention Scheme, it has been signalled.

https://www.personneltoday.com/hr/fulough-tupe-eligibility/#.XpBjngqF9RE.twitter

Sussex Police issued a coronavirus scam warning today (Saturday 21 March). The force said that it was reminding people to stay on the alert as reports come in from elsewhere across the country of frauds or attempts related to the current covid-19 crisis.

https://www.brightonandhovenews.org/2020/03/21/104373/

An investigation by HM Revenue and Customs (HMRC) revealed the gang was responsible for the importation, storage, and distribution of illegal cigarettes worth £9.5m in unpaid duty.

https://www.talkingretail.com/news/industry-news/trio-behind-9-5m-tobacco-fraud-jailed-16-03-2020/

Rotherham-based metals recycling company Ronald Hull Jnr has won an appeal against HMRC’s decision to deny it nearly £600,000 in credit for input tax.