Appearing before the committee on Wednesday, Primarolo will face questions about the Roques report which investigated massive losses caused by so-called ‘diversion’ frauds.
According to the report, written by former Deloitte & Touche senior partner John Roques, Customs lost Pounds 884m through diversion frauds where goods intended for export were moved from bonded warehouses back into the UK market without duty being paid.
Roques was highly critical of Customs’ response to the frauds during the 1990s and the National Audit Office later said Customs failed to ‘get to grips with a major breakdown in their control systems which led to an unacceptable loss of revenue.’
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