Published Tuesday, 10 September 2013
HMRC investigations are continuing. (© Getty)
Officers from HM Revenue and Customs (HMRC) searched a business address in the Armagh city area on Tuesday morning where they seized business records relating to the fraud.
John Whiting, HMRC Assistant Director for Criminal Investigation, said: "HMRC takes tax fraud extremely seriously and anyone deliberately choosing to evade the taxes they owe should expect not only a heavy fine, but possibly a criminal prosecution as well.
"Anyone with information about people who may be involved in tax fraud can contact the Tax Evasion Hotline on 0800 788 887."
The man was questioned by HMRC and investigations are continuing.
© UTV News