Summary
Frauds involving VAT and fuel duty cost the taxpayer almost pounds 13 billion a year, according to a report published today by an influential MPs' committee.
Edward Leigh, chairman of the House of Commons Public Accounts Committee, acknowledged that Customs and Excise officials had made "good progress" in cutting VAT losses as a proportion of the total amount which should be gathered.See the full content of this document
Extract
Vat Fraud Costs Billions
But he said that the improvement ...
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