Are you owed money by HMRC denied on the basis of alleged Missing Trader Inter Community Fraud? in London, Essex

Did your business trade in commodities to and from the EU? Need to appeal a decision by HMRC to refuse a VAT reclaim? Has there been an allegation of fraud either at a Civil or Criminal level? Do you need assistance with appealing a VAT reclaim? What is Missing Trader Inter Community Fraud? Consider a trader based in the UK who buys a consignment of mobile telephones from Germany for £1,000,000. He pays the German telephone manufacturer for the goods. The goods are then shipped to a dock in the UK. No VAT is charged on that shipment. The trader now sells those telephones to a conspirator, for £1,100,000. He charges 20% VAT and the conspirator sends £1,320,000 (being the price of the goods plus the tax) to the trader. This conspirator then sells the goods to a third conspirator for £1,200,000, charging VAT on that sale. The third conspirator pays £1,440,000 to the second. This may continue for many conspirators; however, three will suffice for an example. The third trader now sells the telephones to a Belgium company, which may well be unaware of any conspiracy. No VAT is charged on the export, and the sales price of £1,500,000 is paid by the Belgium company without VAT. So far the conspirators have made a profit of £500,000 perfectly legitimately on buying and selling mobile telephones. In an honest operation, the first trader would pay £220,000 to HM Revenue and Customs (the UK's VAT collection agency). The second trade has collected £240,000 in VAT but paid £220,000 in VAT and therefore has to pay only the difference (£20,000) to HM Revenue and Customs. The third trader has charged no tax on its sale but has paid £240,000 in VAT and can therefore reclaim £240,000 from HM Revenue and Customs. In the fraud, the first business vanishes without paying the VAT to HM Revenue and Customs. When the last business in the chain collects £240,000 on the export, all of the businesses can vanish, £220,000 better off at the expense of HM Revenue and Customs. As this business is removed from the vanishing party, it is difficult for HM Revenue and Customs to show the links in the chain and thereby refuse to refund the VAT on the export. You may however be the innocent company stated above. Further more as evident from what is know as the Bond House decision as per the ruling of the European Court of Justice it is possible that innocent parties also become involved by simply buying and selling on goods. If it is the first party in the chain who is the absconding fraudster, the goods can continue to be sold-on by innocent parties. Therefore if you consider yourself to be an innocent party please contact us as a matter of urgency - (24/7) and we can assist appeal the matter.