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Report on impact of MTIC on UK Trade statistics
Report on further research into the impact of Missing Trader Fraud on UK Trade Statistics, Balance of Payments and National Accounts.
Authors: David Ruffles, Tricia Williams (Customs & Excise)
This article is a follow-up to the article published previously in the August 2003 edition of Economic Trends and is available on the National Statistics website.
It summarises the work carried out since July 2003 to review the estimates of the impact of Missing Trader Intra-Community (MTIC) VAT Fraud on UK Trade Statistics, Balance of Payments and National Accounts, and to investigate potential methods of estimating acquisition fraud.
Published in web format: 17 February 2005 at 9:30 am