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Duty: Up to £260 Million in Tax Owed to HMRC by Fuel Fraudsters

06 Oct 2019 11:32 PM | Jo Buckley (Administrator)

An estimated £190 million in duty and VAT is owed to HMRC by fuel fraudsters in the last year – although this tax gap figure could be as high as £260 million [1]. With as many as 5,821 instances of fuel fraud uncovered so far since 2016, the crime makes up as much as 2% of the UK diesel market, according to HMRC figures obtained by fuel supplier Crown Oil through a Freedom of Information request.

https://www.crownoil.co.uk/news/fuel-fraudsters-tax-gap/



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