In yet another example of H M Revenue and Customs using criminal law to enforce tax compliance, a Sunderland account has been successfully prosecuted for the crime of "tipping off" under the Proceeds of Crime Act. This follows the arrest of two partners in the specialist tax mitigation firm Montpeliers for giving advice on how to reduce their clients tax liabilities and the use of the Proceeds of Crime Act to sequestrate £700,000 from a taxpayer found guilty of avoiding £3,500 in tax by notifying HMRC late of his self employment.
These cases are obviously being pursued as a warning to all. It's a sorry state of affairs though where tax advisers are prosecuted for giving advice to their clients and a taxpayer loses everything he has got over a paltry tax bill of £3,500
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