The Guardian has reported that: Amazon is quietly rooting out many of its Chinese traders who do not hold UK VAT numbers to try to protect itself from tax evasion inquiries later this year when new HMRC powers come into force, the Guardian has learned. The online retailer has been conducting a review of sellers’
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The following press release was issued by Labour Front Bench Treasury spokesperson Rob Marris MP, working in association with long term anti-VAT fraud campaigner Richard Allen, who sent it to me: In a reply to Rob Marris MP, the government has admitted that not a single prosecution been made in relation to online VAT fraud
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Radio 5 Live has been asking the questions: <ore good work by the tireless Richard Allen.
Watch this hearing before the Public Accounts Committee from 15.52 onwards where Dame Lin Homer is questioned about the Amazon and eBay VAT scandals. Lin Homer fails to answer questions. She cannot say why it has taken years for HMRC to address this issue. She admits HMRC do not know at present who may be
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Several weeks ago I wrote about the VAT abuse that is undoubtedly happening as a result of sales being made through the Amazon and eBay web sites and suggested Amazon and eBay may be liable for the losses arising. It’s good to note that due to the tireless efforts of VA campaigner Richard Allen this
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From Radio 4 yesterday:
The Guardian, BBC and others have covered an unfolding story of massive VAT evasion as a result of distance selling from China (and maybe other locations) into the UK and other EU countries using false VAT numbers or incorrect disclosure of the value of goods on import to evade tax owing in this and other
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The EU published new VAT gap data last week for all 28 member states. The UK summary is here (click the image for a bigger version): The EU think that in 2012 the UK VAT gap was 10.4% of total potential VAT payable. At 2012 exchange rates the value was £13,428 million (£13.4 billion).
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A comment on this blog has made me look at a key issue for the people of Scotland post independence. This is the impact of VAT on the cost of living in Scotland if there is a Yes vote this week. The summary of the story that follows is that if Scotland votes for independence
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