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Directors banned over £15m vape tax evasion scheme

Two directors have been disqualified after their company imported over 350,000 vapes disguised as medical equipment, evading millions in tax.

  • Kyle McGinness and Leanne Moynes were directors of YSK Enterprises Limited.
  • The company owed over £15 million in unpaid VAT, customs duty, and corporation tax.
  • Both directors have been disqualified for nine years.

Two company directors have been disqualified after their business imported vapes disguised as medical equipment and evaded millions of pounds in tax. Kyle McGinness and Leanne Moynes, directors of YSK Enterprises Limited, were involved in a scheme that saw more than 350,000 vapes imported from China between February and April 2023, mislabelled as medical nebulisers.

Border Force officers intercepted a shipment in Harwich in 2023. YSK Enterprises Limited subsequently owed HM Revenue and Customs (HMRC) almost £15 million in unpaid VAT and customs duty, along with an additional £437,101 in corporation tax. The company went into liquidation in 2024.

McGinness, 24, was disqualified as a company director for nine years in June this year. Moynes, 37, also received a nine-year disqualification, which became effective on Thursday 13 August. Moynes also failed to preserve the company’s accounting records, leading to investigators being unable to verify the fate of over £1.6 million of company assets.

Why this matters: The case highlights efforts to tackle illicit trade and tax evasion, which can undermine legitimate businesses and the public purse.

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