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Thursday, September 29, 2011

Alcohol fraud rising as illicit beer sales spike


Illicit beer now accounts for up to 14% of total UK sales according to HR Revenue and Customs figures (HMRC), reports the Morning Advertiser (MA).

The Treasury reportedly missed an estimated £800m in 2009/2010 from lost duty and VAT revenue. In 2008/2009, the figure was £550m, with illicit beer making up 10% of the market share. > > > > Read More