A stay-at-home father who dodged tax on £4.7million-worth of electrical goods he sold on eBay was jailed today.
Gregory Allnutt, who has a seven-year-old son, avoiding paying more than £420,000 in VAT.
He raked in £4,000 a month over three years selling cut price electrical goods on the internet.
The 40-year-old, from Croydon, set up a company called Shapewise to sell nutrition products from the comfort of his home.
But instead he bought tax-free electrical goods from the European Union through online site Pixmania before selling them on for a profit.
Instead of declaring the sales and adding on the price of VAT, he undercut his rivals and maximised his profits. Read More
Gregory Allnutt, who has a seven-year-old son, avoiding paying more than £420,000 in VAT.
He raked in £4,000 a month over three years selling cut price electrical goods on the internet.
The 40-year-old, from Croydon, set up a company called Shapewise to sell nutrition products from the comfort of his home.
But instead he bought tax-free electrical goods from the European Union through online site Pixmania before selling them on for a profit.
Instead of declaring the sales and adding on the price of VAT, he undercut his rivals and maximised his profits. Read More
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