Section 72(1)

If any person is knowingly concerned in, or in the taking of steps with a view to, the fraudulent evasion of VAT by him or any other person, he shall be liable— on summary conviction, to a penalty of the statutory maximum £20,000 or of three times the amount of the VAT, whichever is the greater, or to imprisonment for a term not exceeding 6 months or to both; or on conviction on indictment, to a penalty of any amount or to imprisonment for a term not exceeding 14 years or to both.

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Source: legislation.gov.uk · retrieved 2026-07-28