HMRC

HM Revenue and Customs (HMRC) has paid over £509,000 ($650,000, €596,000) to whistleblowers in the 2022/2023 financial year, according to research by international law firm RPC.

The amount of money being paid to individuals providing evidence about tax fraud has increased by £14,000 from 2021/22 and up 75% from five years ago.

An insurance company partner who has wrecked his life and career by cheating the Inland Revenue out of almost £50,000 in tax was spared an immediate jail term at Gloucester Crown Court on Monday (January 15).

Martin Wright, 59, of East Lealands, Box, near Stroud, was a partner in nationwide insurance firm and living in a Cotswolds house currently estimated to be worth about £900,000 when he committed the false accounting offence against HMRC that led to his financial downfall.

Aberdeen Italian restaurant boss, Masoud Mehri, has been jailed for 58 weeks after he failed to pay more than £50,000 in taxes.

Mr Mehri ran the now-closed Piccolo on Bon Accord Terrace in Aberdeen.

Over 20 restaurants and takeaways across the UK have been raided by HMRC as part of a government crackdown on electronic till fraud.

https://www.thecaterer.com/news/hmrc-crackdown-tax-fraud

The Inland Revenue

The Inland Revenue has launched a series of unannounced visits on takeaways and restaurants leading to interviews under caution with several people, including from St Helens.

HMRC has issued a warning to the UK’s army of self-employed workers, urging them to “be on the lookout” for tax scams, following thousands of reports of attempted fraud from taxpayers in the last 12 months.

With the Self Assessment deadline of 31st January 2024 approaching, the alert is a timely reminder to take caution against suspected scams.

Ex-Formula One boss Bernie Ecclestone has plead guilty and agreed to pay a civil settlement of £652,634,836 after admitting to fraud.

The 92-year-old said “I plead guilty” at Southwark Crown Court on Thursday when accused of failing to declare more than £400m held in a trust in Singapore to the government.

Ex-Formula One boss Bernie Ecclestone has admitted fraud after failing to declare more than £400 million held in a trust in Singapore to the Government.

https://www.centralfifetimes.com/news/national/23850440.ex-f1-boss-bernie-ecclestone-admits-fraud-failing-declare-400-million/?ref=twtrec

A Melton Mowbray man who defrauded people out of £750,000 has been sentenced to 10 years in jail.

Tax agent Robin Moss, an internationally-ranked chess player, was sentenced in his absence, on Monday (October 9).

A British man wanted to face trial for a £2.3 million VAT fraud in Poland which he was said to have committed as part of an organised crime group has lost an appeal against an Edinburgh sheriff’s grant of an extradition order made against him.

https://www.scottishlegal.com/articles/uk-national-wanted-for-ps23-million-polish-vat-fraud-loses-appeal-against-extradition