Scott Paul Petrie registered with HMRC as self-employed, and he ran a business trading in aggregates and clearing rubbish: but he had never sent in a tax return or VAT return. The HMRC’s Hidden Economy Team (“The Ghostbusters”) found him, and now he’s going to jail.
Petrie, aged 50 from Hertford, was challenged by the taxman’s ghostbuster team. At first he said his cash sales for 2003-2011 were about £137,000. The tax investigators used his bank statements to estimate that his income 2005 was over £589,000: on which he should have paid about £194,000 in Tax, National Insurance, and VAT.
He was charged with the fraudulent evasion of Income Tax, National Insurance, and VAT: and he was sentenced to 21 months in prison when he appeared at Luton Crown Court on 6 November. A confiscation hearing to recover the proceeds of crime will follow.
How Could Lynam Tax Enquiry Experts Help Me?
Lynam Tax Enquiry Experts have a vast amount of practical experience in managing serious tax fraud investigations. If you are worried about a tax enquiry we can advise you on the best course of action. If appropriate, we can help you manage any necessary disclosures. If you are facing criminal charges we can help you obtain first class legal representation, in order to obtain the optimum outcome for you, your business and your family.
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