R E L A T E D C O N T E N T

Trader wins carousel fraud VAT reclaim from taxman

Kevin Reed, Accountancy Age, 05 Sep 2008

Trader wins what is believed to be the first claim for withheld VAT from the taxman in relation to carousel fraud investigations

The first trader has been paid withheld VAT from the taxman under its extended verification policy.

Dass Solicitors claimed it had won the £400,000 repayment on behalf of an anonymous client, after the taxman had withheld the money while it investigated whether its supply chain was involved in missing trader or 'carousel' fraud.

The solicitors are set to claim another repayment for a client in the millions of pounds, reported Mobile News.

Accountancy Age revealed back in January that losing its landmark case against Livewire could cost the taxman hundreds of millions of pounds, a decision they appealed.

Tags:

M A R K E T P L A C E

Sponsored links

F I N A N C E J O B S

Accounts Supervisor

| AC Selection

Overseeing the ledger function while taking responsibility for the accounts to trial balance. Duties to include supervision of purchase ledger, foreign payments, sales ledger, cashflow, general ledger, VAT, Intrastat and reporting. You will need excellent ... more >

Costing Assistant

| AC Selection

Due to expansion, an experienced Management Accounts Assistant with costing experience is required for a progressive role based in Redditch. Sage Line 50 is preferred but not essential, as full training will be given. The ... more >

Payroll Clerk

| AC Selection

An experienced Payroll/Accounts Assistant is required for a busy and varied role based in Lye, near Stourbridge. The successful candidate will have excellent organisational skills, whilst being extremely accurate and methodical, as high levels of ... more >

Cost Accountant

| AC Selection

Interesting and varied role for a cost accountant with significant manufacturing exposure. As well as taking responsibility for all cost accounting issues for the business you will be key in the ongoing integration of SAP ... more >

More Jobs in Finance

Job zone

Job of the week

Related jobs

Search for a job

> More Financial Director jobs