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Businessman arrested over £80k 'tax fraud'
A Hampshire businessman has been arrested on suspicion of an £80,000 tax fraud.
HM Revenue & Customs criminal investigators arrested the man in a raid on a residential address in Fareham .
The 28-year-old man was arrested on suspicion of an estimated £80,000 VAT and Income Tax fraud.
He has been bailed while investigations continue.
HMRC spokesman Bob Gaiger said: “HMRC take tax fraud seriously and will not hesitate to investigate those suspected of stealing public funds.”
Anyone with information about individuals who may be involved in tax fraud can contact the HMRC tax evasion hotline on 0800 788 887.