A man was receiving thousands of VAT tax bills from foreign companies.
Several envelopes containing electricity bills amounting to £500,000 (Rs 50832750) in the mail left a British man shocked. These bills were from 11,000 firms, mostly from China, that HMRC had allowed them to register for VAT at their addresses. Independent.
news outlet Further pointed out that Dylan Davies, who has received thousands of letters from HM Revenue and Customs (HMRC) and debt collectors demanding at least £500,000 (Rs 508,327) in unpaid taxes, said the “horrendous” situation had left him completely Left to watch bailiffs who may come “charging down the door.”
The extraordinary case, according to an expert cited by the news outlet, “looks to all intents and purposes like VAT fraud.” The expert also urged HMRC to thoroughly “tighten up” the VAT registration process for foreign companies.
According to BBCMr Davies said HMRC needed to “tighten up a whole lot”, claiming it was “easier to register a company for VAT than to go and just get a pass.”
HMRC said: “We are reviewing our operational procedures for managing high volume address changes, including understanding any weaknesses in our systems associated with this behaviour.”
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