> HMRC admitted the situation did not raise alarm bells at the tax office.
Just normal, 11,000 companies being registered to a flat in Cardiff.
> The head of HMRC admitted the problem in a letter to the Commons public accounts committee.
> Permanent secretary Jim Harra said: “2,356 of the businesses have a tax debt and we have acted to prevent any further contact with this address in relation to these debts.”
> Mr Harra said investigations had “so far have found no evidence of fraud or fraudulent intent” and 70% of the businesses registered to Mr Davies’s address operated in online marketplaces.
How can it be anything but fraudulent to register your business to a fake address and not pay your VAT?
Love that if I owe them £100 they’re breathing down my neck about it, but this apparently not cause for concern.
Is this guy’s address 111A Aardvark Avenue or something, so it came up first in a drop down? Or did one Chinese firm choose it and share it with 10,999 others?
How the fuck has this not raised eyebrows sooner? Are we just that bafflingly incompetent at detecting fraud? Surely thousands of businesses registered to one residential address would raise eyebrows?
If I owned a big legal firm I’d be representing this guy pro bono and suing the absolute shit out of HMRC and Companies House for allowing this to happen. This is probably going to affect Dylan for the rest of his life because all these fraudulent firms have nuked his credit rating into a crater the size of South Wales…
A large part of the economy rests on a house of cards.
Miss or make one incorect tax payment and HMRC are on you like a fly to shite. Set up 10k+ illegitimate businesses unknowingly registered to a flat in South Wales and they don’t even notice!
I feel so sorry for him. It wasn’t just tax bills, he was also getting debt collection notices! He thought bailiffs might come. It must have been a very taxing time for Mr Davies.
So, if you owe them a measely 100 quid(in the grand scheme of things), they are ruthless but 11k firms registering a single address? Nah, that’s very low priority. How did no-one go “Er…. bob? Why is this address registered various times?”
​
Or they are hoping they could bully the poor fella into paying it.
He should have thought about the implications of moving in to 123 Fake Street!
8 comments
This story is bonkers
> HMRC admitted the situation did not raise alarm bells at the tax office.
Just normal, 11,000 companies being registered to a flat in Cardiff.
> The head of HMRC admitted the problem in a letter to the Commons public accounts committee.
> Permanent secretary Jim Harra said: “2,356 of the businesses have a tax debt and we have acted to prevent any further contact with this address in relation to these debts.”
> Mr Harra said investigations had “so far have found no evidence of fraud or fraudulent intent” and 70% of the businesses registered to Mr Davies’s address operated in online marketplaces.
How can it be anything but fraudulent to register your business to a fake address and not pay your VAT?
Love that if I owe them £100 they’re breathing down my neck about it, but this apparently not cause for concern.
Is this guy’s address 111A Aardvark Avenue or something, so it came up first in a drop down? Or did one Chinese firm choose it and share it with 10,999 others?
How the fuck has this not raised eyebrows sooner? Are we just that bafflingly incompetent at detecting fraud? Surely thousands of businesses registered to one residential address would raise eyebrows?
If I owned a big legal firm I’d be representing this guy pro bono and suing the absolute shit out of HMRC and Companies House for allowing this to happen. This is probably going to affect Dylan for the rest of his life because all these fraudulent firms have nuked his credit rating into a crater the size of South Wales…
A large part of the economy rests on a house of cards.
Miss or make one incorect tax payment and HMRC are on you like a fly to shite. Set up 10k+ illegitimate businesses unknowingly registered to a flat in South Wales and they don’t even notice!
I feel so sorry for him. It wasn’t just tax bills, he was also getting debt collection notices! He thought bailiffs might come. It must have been a very taxing time for Mr Davies.
So, if you owe them a measely 100 quid(in the grand scheme of things), they are ruthless but 11k firms registering a single address? Nah, that’s very low priority. How did no-one go “Er…. bob? Why is this address registered various times?”
​
Or they are hoping they could bully the poor fella into paying it.
He should have thought about the implications of moving in to 123 Fake Street!