- Publication of VAT Fraud Penalties: HM Revenue & Customs (HMRC) publishes a list of individuals penalized for involvement in transactions related to VAT fraud, including traders and company officers held personally liable for penalties.
- Criteria for Disclosure: Information is disclosed only when the VAT involved exceeds £50,000 for traders or when the personal penalty for company officers is over £25,000, in accordance with section 69E of the Value Added Tax Act 1994.
- Duration and Finalization of Information: Published details remain accessible until 36 months after the penalties are finalized, which occurs either after the appeal period or upon final determination of an appeal, and such records will not be archived by The National Archives.
Source gov.uk
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