Taxing Matters: HMRC's approach to supply chain fraud, with Joshua Carey of Devereux Chambers

In this episode of RPC’s Taxing Matters podcast, Michelle Sloane, Partner in our Tax, Investigations and Financial Crime team, is joined by Joshua Carey of Devereux Chambers to explore HMRC’s increasingly robust approach to supply chain fraud, and what this means in practice for businesses.

Drawing on their extensive experience in complex tax and public law disputes, Michelle and Joshua discuss:

• how supply chain fraud can arise and how businesses can find themselves implicated, sometimes unwittingly, in these chains
• HMRC’s investigative toolkit and the legal framework it relies on, including the “knew or should have known” test 
• the growing use of penalty provisions that can affect both corporate entities and individuals
• the potential civil, criminal and reputational consequences of being caught up in a fraudulent supply chain
• what businesses can do to help protect themselves.

Thank you for listening to this episode. You can listen to and subscribe to Taxing Matters on Apple Podcasts and Spotify and stay up to date with developments in the tax world.

If you would like to discuss any of the matters raised in this episode, or find out more about our tax services, please contact Adam Craggs or Michelle Sloane.

All information is correct at the time of recording. Taxing Matters is not a substitute for legal advice.