Press Releases

​Edinburgh man sentenced for VAT fraud

Mar 27, 2015 12:46 GMT HM Revenue & Customs (HMRC) A company director, who admitted falsifying business records to steal almost £230,000 in VAT refunds, has been electronically tagged for eight months and ordered to pay £100,000 in compensation after an investigation by HM Revenue and Customs (HMRC).

Preston suspected illegal tobacco factory found

Mar 27, 2015 12:07 GMT HM Revenue & Customs (HMRC) More than 412 kilos of raw tobacco has been seized and a suspected illicit tobacco factory dismantled near Preston by HM Revenue and Customs (HMRC).

HMRC scores hat trick of avoidance wins

Mar 27, 2015 11:03 GMT HM Revenue & Customs (HMRC) HM Revenue and Customs (HMRC) has secured three tribunal wins against tax avoidance schemes, protecting over £260 million in tax.

Suspected illicit tobacco factory dismantled

Mar 27, 2015 10:48 GMT HM Revenue & Customs (HMRC) A tobacco-processing machine, believed to be capable of producing more than £700,000 of illicit tobacco a day, has been seized in Derbyshire after an investigation by HM Revenue and Customs (HMRC).

Government ramps up efforts to tackle digital multinational tax risks

Mar 25, 2015 14:57 GMT HM Revenue & Customs (HMRC) HM Revenue and Customs (HMRC) has today confirmed it is working with five other tax authorities to share information about how digital multinationals might be shifting their profits to tax havens.

Lorry driver jailed for alcohol fraud

Mar 25, 2015 10:02 GMT HM Revenue & Customs (HMRC) A lorry driver who was caught attempting to smuggle 63,342 litres of alcohol into the UK, stealing £90,000 in duty and taxes, has been jailed after an investigation by HM Revenue and Customs (HMRC).

Social logins boost businesses

Mar 25, 2015 09:27 GMT Veridu.com When it comes to onboarding customers to new apps, online stores and online community based services, nothing beats logging in with social media. However, despite social login becoming the preferred option for users, thousands of online businesses aren’t offering it, and according to an entrepreneur with deep insight into onboarding mechanisms, they’re missing out on a huge amount of business.

​Morley double-glazing salesman sentenced

Mar 24, 2015 13:28 GMT HM Revenue & Customs (HMRC) A double-glazing salesman from Leeds who hid his earnings from HM Revenue and Customs (HMRC) for six years has been sentenced.

Two arrests in Norfolk fuel fraud raid

Mar 24, 2015 12:00 GMT HM Revenue & Customs (HMRC) Two men from Great Yarmouth have been arrested and a diesel laundering plant, capable of evading over £1.3 million in duty and taxes a year, dismantled by HM Revenue and Customs (HMRC) on Friday (20 March).

Budget comment: more support for regions could boost business investment

Mar 24, 2015 01:39 GMT BNP Paribas Leasing Solutions IT and equipment manufacturers and suppliers to benefit as more businesses could qualify for enhanced capital allowances.