HMRC

HMRC has hit some of the UK’s largest businesses with fines for ‘careless behaviour’, totalling £59m in the past year, according to Pinsent Masons.

https://www.accountancyage.com/59m-in-fines-for-uks-largest-businesses/

A Rochdale clothing wholesaler has been sentenced for forging documents to steal almost £120,000 in VAT repayments.

http://www.thebusinessdesk.com/northwest/news/2030013-clothing-wholesaler-sentenced-for-vat-fraud

Common Reporting Standards will help investigating agencies but it's no windfall - the hurdles of UK Admissibility, Brexit and countries' economies could continue to stifle international tax investigations

https://www.accountancyage.com/2018/10/11/tax-fraud-investigations-one-step-forward-and-two-steps-back/

Gang evaded some €30M in VAT payments to Italy, investigators suspect.

https://www.politico.eu/article/8-questioned-in-romania-in-big-european-vat-fraud-investigation/

Europex welcomes the extension of the domestic reverse charge mechanism

http://www.mondovisione.com/media-and-resources/news/tackling-vat-fraud-europex-welcomes-the-extension-of-the-domestic-reverse-charg/

55% of FTSE100 companies do not mention how they are managing the risks of tax evasion in their published documents, according to research by Pinsent Masons

https://www.out-law.com/en/articles/2018/october/55percent-of-ftse100-fail-mention-tax-evasion/

The study on the ‘VAT gap’ prompted the commission to call on member states to accelerate a planned programme of reform designed to cut down on VAT fraud within the EU system

https://www.out-law.com/en/articles/2018/september/eu-member-states-billions-lost-vat/

Three men have been arrested following an HMRC investigation into a suspected multi-million pound fuel fraud.

http://www.itv.com/news/utv/2018-09-18/arrests-in-ni-and-england-amid-hmrc-fuel-fraud-probe/

The owner of an historic Cheshire country house, turned wedding venue, has been sentenced for VAT fraud.

http://www.thebusinessdesk.com/northwest/news/2028128-historic-wedding-venue-owner-sentenced-vat-fraud

According to the international law firm, Pinsent Masons, FIS has collected £5.47bn in 2018. This is a 7% increase on last year – a difference of £300m.

https://www.accountancyage.com/hmrc-fsi-team-up-by-7-in-last-year-collecting-5-47-in-extra-tax/