Persons making or receiving supplies, which are connected with fraudulent evasion of VAT, may be liable to a penalty under VATA 1994, s. 69C–69E as inserted by F(No. 2)A 2017, s. 68 with effect from 16 November 2017.

A person (T) is liable to a penalty where:

(1)T has entered into a transaction involving the making of a supply by or to T (‘the transaction’); and

(2)conditions A to C are satisfied.

Condition A is that the transaction was connected with the fraudulent evasion of VAT by another person (whether occurring before or after T entered into the transaction).

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