TaxCorporate TaxPBR: VAT fraud measures launched

PBR: VAT fraud measures launched

In an attempt to erradicate tax evasion the government has today published a series of measures to tackle VAT fraud as part of the pre-Budget report.

In a consultation paper, the government set out its strategy to beat the fraudsters, by setting objectives and targets and the resources required to achieve the targets.

Its approach includes an increase in the rate of checks carried out on spirits entering the UK, tougher controls on excise warehouses within the UK, and more resources to support investigations into diesel fraud.

In an attempt to stop lorries from filling up in countries where there is less duty on fuel, the government will push for tougher penalties for suppliers and users of illicit diesel, and tougher obligations on distributors of rebated fuels.

The government also said it is issuing a consultation on the costs, benefits and practicalities of introducing a tax stamps system to assist in the identification of smuggled alcohol.

Related Articles

Watch out when winding up

Corporate Tax Watch out when winding up

2m Emma Rawson, ATT Technical Officer
How might Brexit affect UK tax policy?

Brexit & Economy How might Brexit affect UK tax policy?

2m Santhie Goundar
Corporation tax losses – your newly flexible friends

Corporate Tax Corporation tax losses – your newly flexible friends

4m Emma Rawson, ATT Technical Officer
HMRC large business tax enquiry duration rises to 3 years

Corporate Tax HMRC large business tax enquiry duration rises to 3 years

4m Emma Smith, Managing Editor
SMEs paying higher rate of corporation tax than big businesses

Corporate Tax SMEs paying higher rate of corporation tax than big businesses

5m Alia Shoaib, Reporter
Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

Corporate Tax Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

8m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

8m Emma Rawson, ATT Technical Officer
EU divided over radical tax reforms targeting tech giants

Corporate Tax EU divided over radical tax reforms targeting tech giants

8m Alia Shoaib, Reporter