HMRC ignoring ‘industrial’ levels of tax evasion by Chinese firms - not paying VAT, import, other taxes.
30,000 Chinese companies registered with bogus addresses/directors.
Companies House and HMRC allowing company formations and VAT registration without adequate checks.
https://archive.ph/KGkWa
30,000 Chinese companies registered with bogus addresses/directors.
Companies House and HMRC allowing company formations and VAT registration without adequate checks.
https://archive.ph/KGkWa
Comments
More or less encouraging fraud!
Not forgetting that the UK is the money laundering capital of the world.
A look at eBay quickly reveals the amount of Temu type trash on sale.
Maybe dealing with eBay and cutting off the sales avenue first is an easier line to killing this off. The tax is a goner.
It ignores blatant tax evasion by Chinese, Russian and other unsavoury characters, but chases and penalises millions of British tax players for minor mistakes with their tax returns.
International fraud should be a priority, shouldn't it????
Here's how to address the issue: charge a fee to importers based on smuggling risks, and use that money to fund extra inspections.
The only items in the postal system that got charged were those where senders told the truth on customs forms
The only way to contact them has been Twitter (they aren't here) where they claim it's fixed when it isn't.
Wonder how much that's costing the UK?