John Healey Economic Secretary to the Treasury and Minister for Customs & Excise discusses Customs' efforts to tackle indirect tax fraud
I've been Treasury minister responsible for Customs for 18 months now and I wanted to bring you up to date on Customs' enforcement of the indirect tax regime and in particular of VAT Missing Trader Intra-Community (MTIC) fraud.
In that time I've been struck by two things: first how complex difficult and sometimes dangerous the job of Customs officers can be; and second perhaps because of this how strong the commitment is of Customs officers.
Customs is a major revenue department collecting one third of the Government's revenue — £109 billion last year.
But it is also a...
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John Healey Economic Secretary to the Treasury and Minister for Customs & Excise discusses Customs' efforts to tackle indirect tax fraud
I've been Treasury minister responsible for Customs for 18 months now and I wanted to bring you up to date on Customs' enforcement of the indirect tax regime and in particular of VAT Missing Trader Intra-Community (MTIC) fraud.
In that time I've been struck by two things: first how complex difficult and sometimes dangerous the job of Customs officers can be; and second perhaps because of this how strong the commitment is of Customs officers.
Customs is a major revenue department collecting one third of the Government's revenue — £109 billion last year.
But it is also a...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
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