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HMRC is “finally cracking down” on “widespread abuse” of its delayed declaration scheme, amid mounting concern that the treasury could lose hundreds of millions of pounds.

A customs expert said that prior to the UK tax authority’s decision to chase those failing to bring “delayed declarations to account”, only a “few household names” had abided by the six-month (175-day) concession for imports from the EU between 1 January and 1 July.

“Finally, we are seeing HMRC going after importers that have not ...

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