Called to account

Insight / Banned director given additional 14-year disqualification

A director of a London based construction company, who was previously disqualified, has been banned for 14 years after continuing to run the company, along with his mother who has been given an eight-year ban

Insight / Fish shop directors battered with five-year bans

The husband and wife directors of a Croydon chippy have each been disqualified for five years, after a combined Insolvency Services and HMRC investigation found they had been sending inaccurate VAT returns

Insight / Charity Commission warning over school payment frauds

The Charity Commission has issued a formal alert about the dangers of payment diversion fraud in the independent schools sector, based on reports made in the past month to Action Fraud, the UK’s national fraud reporting centre

Insight / Fake VAT claims put marketing man in jail

A company director from Aberdare, who set up fake businesses and sent bogus invoices between them as he attempted to steal more than £140,000 in tax, has been jailed for 18 months after an investigation by HMRC

Insight / Jailed accountant and company boss to pay back £3.5m or do more time

A management accountant and a company director from Kent who funded lavish lifestyles through tax fraud have been ordered to pay back more than £3.5m within three months, or serve longer prison terms and still owe the money

Insight / Tax fraud provides sentence for food delivery boss

A company director who used his food delivery business to make more than £150,000 in false tax claims over ten years has been sentenced

Insight / Disqualification on the menu for Chinese takeaway director

The director of a Chinese takeaway has been disqualified for 10 years for causing the company to deliberately understate its profits, following an Insolvency Service investigation which found he owed some £500,000 in unpaid taxes

Insight / Mechanic’s £210k tax fraud grinds to a halt

A car mechanic has been jailed for 18 months for failing to pay £210,000 of tax and national insurance due on self-employed earnings, following an HMRC investigation

Insight / 13-year ban for director over company’s VAT evasion

The director of a wholesaler has been given a 13 year disqualification after an Insolvency Service investigation discovered the company had failed to pay over £1.2m in VAT

Insight / Called to account: the best of 2017

Accountancy brings you a selection of cases involving members of the accounting profession – and a few others – who did not escape the long arm of the law during 2017

Insight / Charity Commission disqualifies trustee over accounting failures

The Charity Commission has disqualified an individual as a trustee for four years for failure to evidence how charity funds were used at Deen Team, a charity which undertook activities in Syria

Insight / Director’s £190k tax fraud collapses

A construction company director has been sentenced for failing to pay £190,000 in tax, following an HMRC investigation

Insight / PAC blasts HS2 unauthorised redundancy payouts ‘unacceptable’

In a highly critical report on financial management at the government company overseeing completion of a new rail link, the public accounts committee (PAC) has branded High Speed 2 Ltd’s actions in making unauthorised redundancy payments as ‘a shocking waste of taxpayers' money’, and called for its former chief executive to be brought to account

Accounting / FRC sanctions ex-Tech Data financial controller

In the final stage of an investigation into Tech Data Ltd, the Financial Reporting Council (FRC) has issued ICAEW member Kevin Silverwood, the former financial management controller of the company formerly known as Computer 2000 Distribution Ltd, with a fine of £50,000

Tax / Scammers dupe taxpayers into settling rogue tax bills with iTunes gift cards

HMRC is warning the public about a high profile phone scam that is conning vulnerable and elderly people out of thousands of pounds into paying non-existent tax bills using iTunes gift cards 
Subscribe