HMRC have released a statement after successfully prosecuting a Dorset yacht broker for VAT fraud. James Williams was sentenced to three years imprisonment for false accounting and cheating the public revenue.
Williams used his position as director of a yacht brokers to commit VAT fraud. He sold boats which had previously been supplied VAT-free for export to the Channel Islands, but failed to account for the VAT on their subsequent sale in the UK. This blatant attack on the tax system not only robbed the Exchequer of public funds, but is also unfair to those businesses that diligently abide by the rules. Tackling VAT fraud is a priority for us and we will not hesitate to pursue those who commit this type of offence.
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Mostly dry with sunny spells throughout the day. Some isolated thundery showers are possible in Kent this morning and feeling fresher
Sunny this evening, then dry overnight. There is the risk of thundery showers for Kent tomorrow morning, then sunny spells by the afternoon
Sunshine to end the day then dry tonight. Tomorrow will be mostly dry and feeling fresher with the risk of a heavy shower in the afternoon