Amazon and eBay profiting from online VAT fraud, says watchdog

Parliamentary report criticises ‘too cautious’ HMRC and says loss to public purse likely to far exceed £1.5bn estimateAmazon and eBay are profiting from online VAT fraud while HM Revenue and Customs is failing to use its powers to launch a crackdown, according to parliament’s spending watchdog. Related: Amazon and eBay sellers' VAT fraud rife despite crackdownContinue reading...