Interesting Fact - VAT

The UK lost five times more money to VAT (Value Added Tax) cheats than any other EU country between June 2005 and June 2006.

(In fact the figures (if they are true are staggering:-

STOLEN VAT JUNE 2005/6

UK 12.6bn euros (£8.4bn)
Spain 2.6bn euros (£1.7bn)
Italy 2.3bn euros (£1.5bn)
Germany 1.9bn euros (£1.3bn)
France 1.5bn euros (£1bn)
Source: Eurocanet

I just can't think of anything funny to say.)