- Malcolm Macaskill, a former Conservative party branch treasurer, will not face further action for a £1 million VAT fraud and money laundering scheme.
- Macaskill, who has a brain tumor and was unfit to stand trial, submitted false forms to HMRC to claim over £800,000.
- He was charged with being involved in a fraudulent VAT scheme and receiving criminal property.
- The scam occurred between February 2003 and March 2014.
- Macaskill ran sandwich production companies, Bigga Bites and Kwik Snax, from a factory in Cambuslang.
- He submitted 34 false VAT return forms to claim £829,320 through Bigga Bites.
- He also made a false claim of an NHS contract to get £88,543 in 2008.
Source: aol.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "United Kingdom"
- Upper Tribunal Rules Cosmetic Treatments by Medical Professionals Can Qualify for VAT Exemption
- High Court Rules Interest Payable on VAT in Contract Dispute Settlement
- FTT Grants Late VAT Appeal Despite Rejected Review Request Arguments
- Property TOGCs Under the Microscope: Navigating VAT Conditions and HMRC Expectations
- Fintua Sponsors Indirect Taxes Annual Conference 2025 in London (Nov 12)
