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IT Consultant in tax fraud case
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IT Consultant in tax fraud case
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A "scheme" that worked perfectly well for 10 years.
So he's going to have bill of somewhere between £1 mill and £2 mill and presumably a few months in the "clink".
Effectively after a long career in IT he'll be worse off than he was before he started.
Well he isn't the only one.I'm alright Jack -
Originally posted by BlasterBates View PostA "scheme" that worked perfectly well for 10 years.
So he's going to have bill of somewhere between £1 mill and £2 mill and presumably a few months in the "clink".
Effectively after a long career in IT he'll be worse off than he was before he started.
Well he isn't the only one.
2. During the period 06 April 1999 - 05 April 2008 the total loss to the exchequer was £635,015'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by northernladuk View PostIsn't his bill £635,015 as detailed at the bottom?Comment
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"The tax system depends on people being honest but Maxwell consistently tried to conceal his income."
They are hardly encouring that when they constantly blur the distinction between avoidance and evasion.Comment
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Originally posted by deckster View PostPlus 13 years interest, plus potentially 100% penalty. I'd be stunned if the final bill was less than a million.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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What is not clear to me from that is how much of the evasion was due to using an offshore solution and how much was due to not declaring any income in the UK company.Comment
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Originally posted by DonkeyRhubarb View Post"The tax system depends on people being honest but Maxwell consistently tried to conceal his income."
They are hardly encouring that when they constantly blur the distinction between avoidance and evasion.
Between 1999 and 2008 Maxwell worked as an IT consultant for City of London banks. Fees were paid to companies - of which he was a hidden beneficiary - registered in Gibraltar and the Isle of Man. From 2005 the income was paid to a UK registered company which never made any tax returns.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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More info here chaps High earner operated decade-long tax scam - Dumfries and Galloway Standard Seems as though this was actual evasionComment
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