VAT Evasion Solicitors

VAT Evasion Solicitors

VAT evasion solicitorsIf you are concerned that you may be prosecuted for VAT fraud we can help. Adam Law Solicitors are VAT evasion solicitors with expertise in all areas of financial fraud and tax evasion. We have a dedicated team and have carried out many high profile cases nationally and locally. Get in touch as soon as possible. Help to ensure we have good time to assess your situation. This will enable us to mount the most robust possible defence.

Is VAT fraud a criminal offence?

The offence of fraudulent evasion of VAT is governed by Section 72 of the Value Added Tax Act 1994 which states :”If any person is knowingly concerned in, or in the taking of steps with a view to, the fraudulent evasion of VAT by him or any other person, he is guilty of an offence.”

If the HMRC consider any of the elements of the offence have been satisfied, they will commence a criminal investigation and later proceedings. It is essential that you have specialist legal representation and your defence strategy in place before this occurs.

What happens if you commit VAT fraud?

  • You may be interviewed under caution by the investigating body.
  • You may have a restraint order. This means your assets will be frozen. This can be extremely far reaching and have a devastating effect. Speed is essential to deal with such an eventuality. This is another reason why you must act quickly to appoint your expert legal representative.
  • You may be liable for a prison sentence of up to 7 years and unlimited fines.

Can a business be liable for VAT evasion?

Companies and firms can be prosecuted for the offence of failing to prevent the facilitation of tax evasion.

How long do you go to jail for tax evasion UK?

The offence under section 72 of the Value Added Tax Act 1994 carries a maximum penalty of 7 years in prison.

Get in touch now!

You will need expert legal representation. Adam Law Solicitors are specialists in defending clients charged with all types of financial fraud. This means we can ensure you have the most robust defence possible. Early action can make a significance difference to the outcomes of a case. So don’t delay. Get in touch with us now.