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Amazon bans thousands of VAT fraudsters

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Amazon has cracked down on tens of thousands of products from overseas sellers who don’t charge or account for VAT. According to The Times , the online retailer banned thousands of overseas sellers from its platform over the weekend which were thought to be guilty of tax evasion, following a voluntary deal with HMRC. In the last year an estimated £1.5 billion has been lost in unpaid VAT tax from online sellers, according to the National Audit Office.

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Amazon bans thousands of VAT fraudsters

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