Goods offered to online UK shoppers at VAT-free prices thought to have cost public purse tens of millions over ChristmasTax inspectors final month raided warehouses and seized more than £500000 of goods they suspect were illegally being offered to UK online shoppers at VAT-free prices.
The move is allotment of a crackdown promised by the Treasury after the Guardian highlighted evidence of large and growing VAT fraud on Amazon and eBay, thought to have cost the public purse tens of millions in lost VAT over the Christmas trading period alone.
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Source: theguardian.com