MTIC/VAT Fraud

Fraud is a serious criminal offense that comes in many forms, and if you have been accused of being involved in any type of fraudulent scheme, it is essential to seek legal advice from a specialist fraud solicitor at the earliest opportunity. One example of a fraudulent scheme is "Carousel" Fraud, which is a type of Missing Trader Intra-Community (MTIC) Fraud that involves an organized group creating a system designed to obtain VAT money fraudulently on goods sold between EU member states.

MTIC fraud occurs when goods are imported from EU member states without paying VAT and then sold on, charging the buyer VAT. The organization then disappears, avoiding the payment of any duties. Carousel fraud is a type of MTIC fraud that involves a series of transactions both inside and outside the EU with the aim of obtaining VAT funds fraudulently. These fraudulent schemes often involve many individuals and entities and can involve millions of pounds in transactions.

The term "Carousel" describes the pattern of MTIC fraud where the same goods revolve in and out of the UK, and in some cases, the goods do not actually exist. Small but high-value goods are typically targeted for ease and profitability. HMRC investigates and prosecutes alleged MTIC fraud and has powers to do so under the Regulation of Investigatory Powers Act 2000 (RIPA 2000).

If you are convicted of MTIC/Carousel Fraud, the penalties can be extremely severe, including decades of imprisonment. Therefore, it is highly recommended that you seek expert legal advice from highly experienced Carousel Fraud solicitors without delay. The defence in cases of MTIC/Carousel Fraud must show that they have acted honestly and that their records reflect actual transactions.

Expert MTIC/VAT Carousel Fraud solicitors are well-versed in defending such cases, often involving large volumes of evidence. They may employ experts such as Forensic Accountants to analyse data to assist solicitors in developing a robust defence strategy. Seeking expert legal advice as soon as you are notified you are under investigation by HMRC is essential to achieve the best possible outcome.

Gray’s Defence Solicitors has a proven track record in defending those facing enquiries by HMRC and subsequent prosecutions. Their expert legal team is well placed to deal with complex investigations and prosecutions relating to MTIC/VAT Carousel Fraud. They have an expert team of MTIC/VAT Carousel Defence strategists who meticulously examine every detail of your case to produce the best defence available to clients.

Gray’s Defence Solicitors wealth of experience in MTIC/VAT Carousel Fraud combined with their excellent teamwork, attention to detail, and unique approach to defending their clients has established them as a strong leader in defending complex tax fraud cases. Their solicitors work closely with clients to ensure a personal and effective service at all times.

If you are concerned that you are the subject of an MTIC/VAT Carousel Fraud investigation by HMRC or any type of fraud, seek advice from Gray’s Defence Solicitors Fraud specialists. An initial consultation costs nothing, and they are always happy to hear from you. Their reputation for success in both national and international Fraud cases is down to their highly skilled Fraud team, who have the requisite technical knowledge and ability to achieve the best outcome for clients.

If you or your loved ones are under investigation and you require assistance at any stage of the proceedings, please feel free to get in touch with our friendly staff. We can be contacted on 01274 085199 or by email. We are solicitors covering cases on a national level so no matter where you are please do not hesitate to contact us