TaxPersonal Tax£160m VAT fraud trial resumes

£160m VAT fraud trial resumes

The courtroom saga involving the director of Eire-based components distributor Silicon Technologies Europe, arrested on VAT fraud charges, continued last week with another court appearance.

Link: Companies forced to police VAT scams

At the time of going to press, the prosecution in the case of Dylan Creaven was applying to keep the 29-year-old in custody until a trial date could be fixed.

Creaven was arrested in November and remanded in custody after appearing at the Old Bailey in connection with an alleged VAT fraud, estimated at more than £162m.

His arrest followed an operation, code-named Operation Chipstick, run by HM Customs and Excise, the Criminal Assets Bureau, Irish police and Irish Revenue Officers of Customs Enforcement.

Creaven was charged with conspiracy to cheat the revenue under Section 1 (1) of the Criminal Law Act 1977 and money laundering offences under Section 93 C (1) (B) of the Criminal Justice Act 1988. His defence counsel is believed to be applying for bail.

Related Articles

Inheritance tax is 'unfit for modern society' and should be abolished, says think tank

Personal Tax Inheritance tax is 'unfit for modern society' and should be abolished, says think tank

4w Alia Shoaib, Reporter
Rent-a-room relief – the survey says…

Personal Tax Rent-a-room relief – the survey says…

2m Helen Thornley, ATT Technical Officer
What should the OTS prioritise in its review of inheritance tax?

Personal Tax What should the OTS prioritise in its review of inheritance tax?

4m Alia Shoaib, Reporter
LITRG urges government to consider tax changes in disability work plan

Administration LITRG urges government to consider tax changes in disability work plan

5m Lucy Skoulding, Reporter
HMRC appeal rejected in Tottenham Hotspur case

Administration HMRC appeal rejected in Tottenham Hotspur case

6m Emma Smith, Managing Editor
HMRC urged to clarify impact of income allowances on Self-Assessments

Personal Tax HMRC urged to clarify impact of income allowances on Self-Assessments

7m 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
Wealthy individuals could circumvent top tax rate rises

Personal Tax Wealthy individuals could circumvent top tax rate rises

9m Alia Shoaib, Reporter