HMRC

A high-flying businessman, who masterminded a sophisticated £9.8 million international VAT fraud to fund his lavish lifestyle of flash cars and a luxury Spanish home, has been jailed for nine years.

https://www.mynewsdesk.com/uk/hm-revenue-customs-hmrc/pressreleases/ferrari-driving-fraudster-jailed-for-ps9-dot-8m-international-tax-fraud-2459740

A South Shields man, who stole £93,000 tax and spent it on holidays and executive boxes at football matches, has been sentenced.

https://www.sun-fm.com/news/local/2529521/construction-worker-sentenced-for-93k-tax-fraud/

Action Fraud has received more than 1,700 reports in the past two weeks of phishing attempts involving scammers pretending to be from HM Revenue & Customs.

https://www.ftadviser.com/regulation/2018/03/15/action-fraud-sees-1-700-hmrc-phishing-reports-in-two-weeks/

The government wants to combat online VAT fraud and with the VAT split payment, it will seek to use payments industry technology to collect VAT on online sales and transfer it directly to HMRC

http://www.yourmoney.com/saving-banking/top-takeaways-2018-spring-statement/

A Hull shopkeeper has been jailed for five years after being caught with more than one million illicit cigarettes hidden in self-storage containers.

https://www.talkingretail.com/news/industry-news/shopkeeper-jailed-670k-tobacco-fraud-13-03-2018/

A new crackdown on UK property being bought using “murky” money from overseas has seen the first ever instance of the National Crime Agency issuing two unexplained wealth orders (UWOs) on £22m worth of London and south-east property.

https://www.buyassociation.co.uk/2018/03/05/new-money-laundering-rules-enforced-on-politicians-22m-properties/

HMRC has warned taxpayers with overseas assets that they risk higher penalties

https://economia.icaew.com/en/news/march-2018/hmrc-warns-tax-dodgers-of-higher-penalties

The European Commission has launched a consultation on proposals to enhance the amount of data available to member states and European law enforcement bodies to better combat e-commerce VAT evasion and fraud.

https://www.tax-news.com/news/EU_Consults_On_Tackling_ECommerce_VAT_NonCompliance____76463.html

He reclaimed £260,000 from the taxman and was paid £243,000. But a probe revealed that his returns were bogus.

http://www.itv.com/news/border/2018-02-16/carlisle-man-jailed-for-284k-vat-and-benefit-fraud/

The Revenue said that more than 120 officers searched two private and 16 business addresses in Northern Ireland leading to the arrest of two men and one woman.

https://economia.icaew.com/en/news/february-2018/hmrc-arrests-three-people-in-1m-fraud-case