Taxpayers 'won't pay Olympics VAT bill'
News Article 7 November 2006
The chancellor has played down fears over a reported £250m hole in the London Olympic budget because of an unforeseen VAT bill.
VAT puts £1bn on Olympics bill
Press Review 6 November 2006
The cost of the London Olympics could rise by as much as £1bn because of a miscalculation over VAT.
Minister rejects sunscreen plea
Press Review 21 July 2006
Treasury minister Dawn Primarolo has become embroiled in a dispute with Superdrug over the best way to protect children from sun burn.
Treasury losing £5bn a year to fraud
Press Review 9 May 2006
The Guardian reports that organised criminals are stealing up to £5bn per year from government funds.
UK plans VAT fraud prevention
Press Review 27 January 2006
The government has asked the European Commission for permission to remove VAT charges from the supply chain of certain goods, in a bid to prevent those engaged in "missing trader intra-community fraud" from stealing the tax.
Ministers braced for VAT refunds
Press Review 13 January 2006
The government is facing value added tax refunds and compensation claims after Europe's top court declared illegal an approach used by Revenue & Customs to combat what is known as "carousel fraud".
£13bn 'mountain of money' lost on VAT
News Article 6 December 2005
Petrol and diesel fraud and VAT losses cost taxpayers almost £13bn in 2003/04, a report has revealed.
VAT fraud on the rise
Press Review 10 August 2005
VAT scams are occuring so regularly they are distorting trade figures, customs officials have concluded.
Brown outlines G8 Africa agenda
News Article 3 June 2005
Gordon Brown has said the government is on course to meet its ambitious G8 agenda for Africa.
Confederation of Passenger Transport UK: 2005 Election Manifesto
Government Affairs Website Page
Treasury told to give up Olympic lottery cash
News Article 9 November 2004
The Treasury is coming under pressure to hand back £340 million of lottery VAT to the London Olympic bid.
Report urges tougher penalties for VAT fraud
News Article 29 July 2004
Tougher penalties should be considered to deter the "staggering" £11 billion a year lost in VAT fraud, the public accounts committee has said.
MPs call for harsher penalties to curb VAT fraud
Press Review 29 July 2004
Stronger penalties for VAT fraud may be needed to tackle a "staggering" £11 billion a year in revenue losses, say MPs.
Marathon to run-up VAT revenues
Press Review 16 April 2004
Participants in this year's London marathon will run the first four miles for the taxman, Simon Hughes has warned.
Marathon runners warned of VAT bill
News Article 15 April 2004
Participants in this year's London marathon will run the first four miles for the taxman, Simon Hughes has warned.
