Man quizzed over £70k VAT fraud
A man has been arrested in connection with a suspected £70,000 VAT fraud.
HM Revenue and Customs (HMRC) officers searched a business address in the Armagh area yesterday morning where they seized business records relating to the alleged fraud.
John Whiting, HMRC assistant director for criminal investigation, said the organisation takes tax fraud extremely seriously and anyone deliberately choosing to evade the taxes they owe should expect not only a heavy fine, but possibly a criminal prosecution as well.
"Anyone with information about people who may be involved in tax fraud can contact the Tax Evasion Hotline on 0800 788 887," he added.
The man was questioned by HMRC and investigations are continuing.