A new VAT repayment taskforce will target people in Scotland and Northern Ireland who set up businesses purely for the purpose of making false VAT claims. It is set to bring in £7m, HMRC announced.
The department has launched 54 taskforces since 2011 and plans to launch a further 16 in 2013/14 and up to 30 in 2014/15. ‘HMRC has collected more than £90m as a result of taskforces launched since 2011/12,’ said exchequer secretary David Gauke. ‘It expects to bring in over £90m a year from taskforces launched over the next three years.’ Jennie Granger, HMRC’s director general of enforcement and compliance, warned that deliberately falsifying VAT records can lead to imprisonment.
A new VAT repayment taskforce will target people in Scotland and Northern Ireland who set up businesses purely for the purpose of making false VAT claims. It is set to bring in £7m, HMRC announced.
The department has launched 54 taskforces since 2011 and plans to launch a further 16 in 2013/14 and up to 30 in 2014/15. ‘HMRC has collected more than £90m as a result of taskforces launched since 2011/12,’ said exchequer secretary David Gauke. ‘It expects to bring in over £90m a year from taskforces launched over the next three years.’ Jennie Granger, HMRC’s director general of enforcement and compliance, warned that deliberately falsifying VAT records can lead to imprisonment.
