The National Audit Office’s review of the accounts said Customs should improve the way it tackled tobacco fraud by making more effective use of scanner technology at ports and publicising more widely its success rates.
The NAO also said Customs could make better use of its VAT registration procedures to identify potential fraud, particularly in the area of ‘missing trader’ fraud.
Edward Leigh, chairman of the Public Accounts Committee, said: ‘The department must get a better grip in key areas.’
He added: ‘It is regrettable we have had to wait for this report from the National Audit Office before we could see clearly the extent of indirect tax fraud estimated so far.’
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states