Derbyshire pub man sentenced for tax fraud

A Derbyshire businessman was sentenced yesterday for attempting to steal over £130,000 by making fraudulent VAT repayment claims for a pub and restaurant chain. The sentencing comes after an investigation by HM Revenue and Customs (HMRC) into his business’s VAT returns. William Ludlam, 27, of Derbyshire, was previously a director of MI Leisure Limited, which operated pubs and restaurants in...

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UK House Price Growth Will Reach 12% In 2014

The significant rebound in house prices over the last year indicates that the housing market is now fully in recovery mode, CBRE said in its latest Regional Land report. After several years of minimal growth, it is expected that UK house prices will increase by 12 per cent in 2014 before the rate of growth slows towards the end of the year. The housing market will remain strong over the next...

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Crackdown on property tax dodgers

A taskforce tackling people trying to dodge property tax in the south west and south Wales was launched today by HM Revenue and Customs (HMRC). The taskforce will target those who have sold one or more properties and haven’t paid Capital Gains Tax or disclosed rental income. Using intelligence from the Valuation Office Agency to track down the tax cheats, the taskforce is expected to recover £5...

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Three arrested on suspicion of tobacco smuggling

Three men have been arrested, and illicit cigarettes and tobacco seized, after a raid by HM Revenue and Customs (HMRC) into a suspected tobacco smuggling plot worth an estimated £2.4 million. HMRC Officers, supported by Essex Police and the National Crime Agency, seized the 8.5 million cigarettes and 30kg of shisha tobacco as they were being unloaded from a container last Saturday (20 August...

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Businessman sentenced in £10m money laundering fraud

A Nottingham man, whose business was used to launder £10 million of money obtained by criminals, has been sentenced following an investigation by HM Revenue and Customs (HMRC).Rizvan Mian, 35, was the owner of Imperial Escrow Ltd based in Nottingham. HMRC investigations revealed that Mian had allowed his company to be used to transfer over £10 million between companies in the UK and overseas, in...

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