Where there’s no muck, there’s no brass
A Co Down man, who registered as a farmer to steal over £200,000 in a VAT refund fraud, even though he didn’t own a farm, has been jailed for 10 months after an investigation by HM Revenue and Customs (HMRC). Thomas McKay, 31, from Banbridge, created false invoices for his non-existent farming business to fraudulently […]
£5 million illegal tobacco fraud foiled
HM Revenue and Customs (HMRC) officers raided a farm in Essex this week as well as four premises near Bury and another in Blackburn, Lancashire two weeks ago and seized cash, chemical agents, counterfeit packaging and tobacco packing machinery. The officers dismantled a tobacco processing plant in Essex and seized over three tonnes of raw […]
HMRC’s relaxation of RTI reporting by small employers is an important step
The NFU has been involved in a series of robust but constructive discussions with HMRC who have also promised to work with employer representatives over the summer to seek further improvements to real time reporting. NFU head of tax Michael Parker said: “As a result of this decision, businesses with fewer than 50 employees, who […]