Source · National Audit Office
HM Customs and Excise: Tackling VAT Fraud
Published: 3 Mar 2004
Type: Value for Money
HM Customs and Excise have increased their efforts to tackle losses from fraud and error on VAT, which in 2002-2003 they estimated at £11.9 billion. This was an increase over the £10.6 billion they estimate to have been lost in 2001-2002, but there are signs of improvement with a reduction in one of the most […]