A filling station in County Down has had its pumps removed after HM Revenue & Customs suspected the sale of illicit fuel.
During the operation, (Wednesday 10th December), two separate sites were visited; an oil storage depot where 4,000 litres of suspected illegal fuel were seized, and a filling station where working with specialist contractors, HMRC carefully removed its fuel pumps and an overground fuel storage tank.
National Oils Co-ordinator, HMRC, Pat Curtis said: "Selling illicit fuels creates an unfair playing field and seriously undercuts legitimate traders who should be able to operate without the threat of unfair competition. Retailers who sell illicit diesel will not only face seizure of fuel and equipment from their premises, but also risk losing their license to trade.
"Anyone with information on fuel misuse or suspicious activities can contact the Customs Hotline on 0800 59 5000."
There are ongoing information into the filling station and storage site.
Thursday 18 December 2014
Tuesday 16 December 2014
Fraudulent Handyman Sentenced
After working as a handyman for more than 20 years, Norfolk man Richard Green, has been imprisoned for three years after deceiving the tax system out of roughly £169,776. The 63 year old confessed to being self-employed since before 1992 without paying an ounce of tax, National Insurance, and failing to register with HMRC.
Assistant Director Criminal Investigation, HMRC, Paul Barton said:
"Green admitted that he should have paid tax on his self-employment but failed to do so. This fraudulent activity is not acceptable when the majority of people pay their dues and play by the rules. If you know of anyone committing tax fraud, you can report them by calling our 24 hour hotline on 0800 59 5000."
On 16th December 2014, Green was sentenced by Norwich Crown Court to three years imprisonment. The fraud was uncovered during HMRC's investigation where officers failed to find any tax returns from himself. Green had told HMRC that his earnings from self-employment reached between £15-£25,000 but after officers checked his bank records for 2007 - 08, they found an income of almost £70,000.
He was charged with Cheating the Public Revenue on 13th November 2013 and pleaded guilty on 26th February 2014.
Assistant Director Criminal Investigation, HMRC, Paul Barton said:
"Green admitted that he should have paid tax on his self-employment but failed to do so. This fraudulent activity is not acceptable when the majority of people pay their dues and play by the rules. If you know of anyone committing tax fraud, you can report them by calling our 24 hour hotline on 0800 59 5000."
On 16th December 2014, Green was sentenced by Norwich Crown Court to three years imprisonment. The fraud was uncovered during HMRC's investigation where officers failed to find any tax returns from himself. Green had told HMRC that his earnings from self-employment reached between £15-£25,000 but after officers checked his bank records for 2007 - 08, they found an income of almost £70,000.
He was charged with Cheating the Public Revenue on 13th November 2013 and pleaded guilty on 26th February 2014.
Wednesday 10 December 2014
Nottingham Based Beautician Sentenced For Tax Fraud
After cheating the taxpayer out of over £30,000, a Nottinghamshire beautician has been sentenced due to lying about her personal circumstances and income. 30 year old mother of one, Rebecca Eddishaw, failed to inform HM Revenue & Customs that she was receiving two incomes from renting out two separate properties when claiming tax credits.
Assistant Director, Criminal Investigation, HMRC, Stuart Taylor stated: " Eddishaw knowingly carried out this fraud for four years. She purposefully left out her extra income so that she would receive higher tax credits payments, while also failing to pay tax on the rent money she received.
HMRC recognises it is only a minority that are exploiting the system, but we would encourage anyone with information relating to tax credit fraud to call 0800 854 400."
Over a four year period, 2009-2013, Eddishaw failed to declare her property earnings; averting paying more than £13,797 in tax and receiving a higher rate of tax credit, meaning she was overpaid by nearly £16,941.
At Nottingham Magistrates Court, 9th June, Rebecca Eddishaw was charged for three offences:
'Knowingly concerned in the fraudulent evasion of income tax by failing to declare rental income in tax returns to HMRC.'
'Knowingly concerned in fraudulent activity undertaken with a view to obtain payment of Tax Credit by failing to declare rental income.'
'Knowingly concerned in fraudulent activity undertaken with a view to obtain payment of Tax Credit by failing to declare a change in circumstances.'
At the Plea and Case Management Hearing on 6th October, Eddishaw pleaded guilty to all three charges, and on 9th December received an 18 month prison sentence, suspended for 18 months and has been ordered to fulfill 150 hours of unpaid work.
Tuesday 9 December 2014
Self Assessment for Company Directors
Are you self employed, a partner in a business or a company director? Then you should be aware of the approaching deadline for your Self Assessment Tax Return.
This year, your returns must be submitted to HMRC by 31st January. Any submissions after this date will result in a £100 fine for late filing, and £10 daily penalties will come into effect if returns are still outstanding after 3 months, unless HMRC believe there is a valid reason resulting in this late submission. Examples and all information can be found on https://www.hmrc.gov.uk/online/excuse-missed-deadline.htm, however each case is different and will be considered individually.
If the deadline cannot be met, HMRC must be informed as soon as possible as there may be the option of an extension, or the opportunity to pay in instalments, but this will only apply if contact is made prior to the 31st.
If you need your tax return completed by an accountant, contact U-Tax on 01564 732174. We'll complete your return, have it submitted on time and correspond with HMRC on your behalf, all for just £75 + VAT.
This year, your returns must be submitted to HMRC by 31st January. Any submissions after this date will result in a £100 fine for late filing, and £10 daily penalties will come into effect if returns are still outstanding after 3 months, unless HMRC believe there is a valid reason resulting in this late submission. Examples and all information can be found on https://www.hmrc.gov.uk/online/excuse-missed-deadline.htm, however each case is different and will be considered individually.
If the deadline cannot be met, HMRC must be informed as soon as possible as there may be the option of an extension, or the opportunity to pay in instalments, but this will only apply if contact is made prior to the 31st.
If you need your tax return completed by an accountant, contact U-Tax on 01564 732174. We'll complete your return, have it submitted on time and correspond with HMRC on your behalf, all for just £75 + VAT.
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