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Thursday, 4 September 2014

Trader jailed over tax scam

An internet trader has been jailed for two years after failing to pay tax or VAT on at least £300,000 of his earnings.  John Woolfenden sold CDs, DVDs and console games on various websites, but made no mention of his online trading income on his self-assessment tax returns.  A spokesperson stated "HMRC will pursue every avenue to ensure evaded taxes are restored to the taxpayer and public finances".

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