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United Kingdom · United Kingdomstandfirst: A payroll company has won its appeal at the First Tier Tribunal (FTT) against more than £9m in penalties and VAT assessments as HMRC could not prove it was aware of VAT fraudRed Rose Payroll (RRP) appealed to the FTT against HMRC’s application to have the company deregistered for VAT as well as a VAT assessment for £7,191,003 and a penalty for £2,157,300.HMRC were under the impression that RRP ‘should have known that it was participa…Read Article
HMRC loses £9.3m Kittel case
Croydon, England · Croydonstandfirst: The Insolvency Service has shut down five companies after submitting accounts that were ‘factually inaccurate and forged’ and filled with ‘glaring inconsistencies’The Insolvency Service has shut down five companies after finding they were falsifying their accounts, claiming to have a combined turnover of more than £642m despite there being no legitimate business activity.The five companies, Automarket Europe Limited, Integra Group Li…Read Article
