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Lurgan man who pocketed £74k in VAT fraud sentenced at Crown Court

A Lurgan man, who lied about his earnings and pocketed more than £74,000 in VAT, has been handed a suspended prison sentence.

Edward McLoughlin, 69, of Victoria Street, the sole proprietor of Victoria Engineering and Electrical Goods Services, charged £74,863 in VAT to customers but did not declare it to HM Revenue & Customs (HMRC), keeping the money for himself.

McLoughlin appeared at Craigavon Crown Court following his two-year run of deception.

During a routine VAT inspection in June 2016 he admitted deliberately understating earnings and sales on the company’s VAT returns between October 2014 and May 2016.

McLoughlin was sentenced to 15 months in prison, suspended for two years when he appeared at Craigavon Crown Court on Wednesday April 2019.

Information about any type of tax fraud can also be reported to HMRC online at www.gov.uk/report-an-unregistered-trader-or-business or contact our hotline on 0800 788 887.

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