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HMRC fines Airbus £6.4m for export control record-keeping breaches

HMRC said the violations involved Airbus failing to keep records of controlled technology exports or transfers over a sustained period, under the UKs strategic export licensing rules.

Reported · Written up by our desk · Europe

Airbus has been fined £6.4 million by the UK tax authority, HM Revenue and Customs, after admitting breaches of export control rules intended to prevent sensitive technology from being exported or transferred to the wrong parties. According to the Guardian Business, the manufacturer self-reported offences that occurred before November 2022 and agreed to pay the out-of-court settlement. HMRC said the breaches related to Airbus failing to keep records of exports or transfers of controlled technology over a sustained period. The UKs export control licensing regime is designed to stop strategic goods, including military hardware and items that could be used in weapons of mass destruction programmes, from being sold overseas or to sanctioned individuals and countries. The article notes that the £6.4m payment is the highest out-of-court settlement HMRC has reached for strategic export offences.

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