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A former builder who falsely claimed £750,000 of VAT repayments to fund his gambling habit and living expenses has been jailed.
Peter Howes, 58, of Waterlooville, Hampshire, submitted fraudulent VAT returns to HM Revenue and Customs (HMRC) between June 2011 and October 2017. He claimed he was working as a builder and entitled to VAT repayments on his taxable purchases. But investigators found Howes hadn’t been working and had simply made up the figures on his VAT returns.
Howes pleaded guilty to the fraudulent evasion of VAT at Portsmouth Crown Court on 25 June 2018. He was jailed for two years and eight months.
Richard Wilkinson, assistant director of HMRC’s fraud investigation service said: "Howes committed VAT fraud to fund his gambling habit, and is now in jail for his crime. He stopped working as a builder and used the tax system as his personal bank account. It is simply not acceptable to steal from UK taxpayers and the public services we all rely upon.
"HMRC will continue to pursue those criminals who attack the tax system."
Howes fraudulently claimed £750,602 under his former trading name of P D Howes Building and Development. He received around £9,500 each month, and spent the money on gambling and his general lifestyle. HMRC withheld £19,875 of the money claimed while investigations took place.
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