£200k VAT scrap puts metal dealer in jail

A Scottish scrap metal dealer who failed to pay more than £200,000 of VAT he charged his customers, has been jailed for 18 months, after he was investigated by HMRC

Russell Goodenough set up T’ir Trading Ltd at his former home address in Ellon, Aberdeenshire, in December 2010. The company bought and sold scrap metal and was registered for VAT.

HMRC officers discovered Goodenough imported tonnes of scrap metal from Europe which he sold on to customers in the UK, charging them £205,600 in VAT which he kept rather than paying over to HMRC.

Goodenough was detained by HMRC officers, interviewed under caution and then charged with the fraudulent evasion of VAT. He was sentenced at Aberdeen Sheriff Court to 18 months in jail having previously pleaded guilty to the offence in December 2017.

Cheryl Burr, assistant director, fraud investigation service, HMRC, said: ‘Goodenough deliberately lied about his trade with European countries to throw us off the scent of his premeditated VAT evasion, but now he is paying the price behind bars.’

Report by Pat Sweet

Pat Sweet |Reporter, Accountancy Daily [2010-2021]

Pat Sweet was the former online reporter at Accountancy Daily and contributor to the monthly Accountancy magazine, pub...

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