Compound settlement for breaches of export control – August 2024
Published 4 November 2024

Introduction

In August and September 2024, HM Revenue and Customs (HMRC) issued compound settlement offers to 3 UK exporters worth £1.9 million.

These settlements relate to unlicensed exports of Military listed goods, Dual-Use goods and related activity controlled by The Export Control Order 2008 and Retained Regulation 428/2009.
Settlements made by UK companies

August 2024 - £402,417.75 was paid relating to the unlicensed exports of military goods controlled by The Export Control Order 2008
August 2024 - £37,743.34 was paid relating to the unlicensed exports of dual-use goods controlled by Retained Regulation 428/2009
September 2024 - £1,480,785.44 was paid relating to the unlicensed exports of military goods controlled by The Export Control Order 2008

Compound settlement for breaches of Russian sanctions – August 2024
Published 4 November 2024

Introduction

HM Revenue and Customs (HMRC) has issued a compound settlement offer to a UK exporter of just over £58,000.00.

August 2024 - £58,426.45 was paid relating to the export of goods in breach of The Russia (Sanctions) (EU Exit) Regulations 2019

Following Russia’s illegal invasion of Ukraine, the UK and our international partners have implemented the most severe package of sanctions ever imposed on a major economy, which has deprived the Russian state of over $400 billion in funding for its war machine.

Failure to comply with these sanctions is a serious offence and those who breach them may be subject to a range of enforcement actions, including large financial penalties or referral for criminal prosecution.

Since February 2022, HMRC has issued six compound settlements against UK companies that have breached the Russia sanctions regulations for a total of £1,363,129, including one in August 2023 for £1 million.

Russia needs Western technology to continue its illegal war against Ukraine. Preventing Russian access to this technology is a government priority, and we appreciate the private sector assistance.