A businessman and telecoms specialist was sentenced to six years in jail on
Friday after pleading guilty to a £60m missing trader fraud scam.
Mark Selby, 39, made £2m from the plan, which cost the UK about £60m as a
whole, the FT reported.
Mr Justice Burnton, sentencing, said: ‘Although you were not the main player
or the instigator, you knew what the purpose of these transactions was… The role
you played was an essential role – there had to be an importer.’
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