Stars' accountant faces £117m fraud inquiry by Revenue | Business | The Guardian: "An accountant whose clients included Fiona Bruce and Sadie Frost has won a partial victory against the taxman — but still faces a full-scale criminal investigation into an alleged £117m fraud.
A judge has ruled that HM Revenue & Customs should not have banned Sussex-based accountancy firm Christopher Lunn & Co from filing tax returns because it had not given reasons for its move or a right to reply. But in winning its case, damaging allegations about the criminal investigation into Lunn and his firm were aired in public for the first time.
All 7,000 of Lunn's customers, many of whom work in television and radio, have been contacted by HMRC about the investigation and given a deadline of 28 February to make a 'full disclosure' if they feel there are irregularities in their tax affairs.
HMRC raided Lunn's offices in June 2010, amid concerns about tax returns being filed by the firm. The taxman feared that one client had allegedly omitted £7,000 of income from their return, claimed that £65,000 of income came from a 'non-domiciled distant relative' without the necessary supporting evidence, and said that a holiday in Palma had in fact been a business trip to New York."
DISCLAIMER:Text may be subject to copyright.This blog does not claim copyright to any such text. Copyright remains with the original copyright holder.
You Might Also Like :
0 comments:
Post a Comment