![](https://www.ficcicascade.in/wp-content/uploads/2018/08/Ficci-60.jpg)
UK Recovers GBP 1.6 Billion From Smugglers
The rapidly growing tax burdens on alcohol and tobacco are fuelling mass smuggling in the UK, although efforts by tax authorities are helping to bring a significant portion of the contraband back into the tax net. Investigations into smuggling of tobacco and cigarettes in the UK in 2015 led to the recovery of GBP 1.63 billion in taxes, according to the results of new research completed by the UK accounting firm UHY Hacker Young.
The amount of taxes collected from uncovered smuggling operations in 2015 is 6 percent higher than in the previous year.
http://www.taxationinfonews.com/2016/03/uk-recovers-gbp-1-6-billion-from-smugglers/
Related Posts
Maplewood Attorney Confesses to Smuggling Contraband into Essex County Jail
The local attorney pled guilty to smuggling marijuana and tobacco into the jail...
Gold biscuits worth Rs 4 crore seized at Indo-Bangla border
The Border Security Force officials stopped a bus at a check post in Petrapole...
BSF Guwahati seized cattle, Yaba tables, other contraband items worth Rs 12 cr this year till now
The Border Security Force (BSF) Guwahati Frontier seized a large number of cattle...
BMW Brand Protection – Fake Products, Real Threats
Counterfeiting is often regarded as a victimless “soft” crime, however recent...