David Peter Stewardson (aged 55) from Mayfield in Midlothian has been jailed for over three years following an investigation by HM Revenue & Customs into a £1million VAT and Income Tax fraud.
His company provided security for major UK music festivals: Glastonbury, T in the Park, Reading and Leeds festivals; as well as the Southampton boat show and the Ideal Homes shows. But he did not register with the taxman. He falsified the company invoices using a cancelled VAT number, so as to collect VAT from his customers; which he then pocketed. The VAT evaded was £503,811 and the income tax dodged was £541,971.
Mr Stewardson pleaded guilty to the fraudulent evasion of over £1million in VAT and Income Tax, and was sentenced to 45 months.
Lynam Tax Investigation Experts have a vast amount of practical experience in managing serious tax fraud investigations. If you are worried about a tax investigation 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.
*For a free, private, no obligation consultation, call Paul Lynam today on 0845 643 9997