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Tax body president resigns over HMRC investigation

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The President of a leading professional body for providers of tax compliance services has resigned because HMRC is investigating a pension scheme administered by his company.

Andrew Meeson, President of the Association of Taxation Technicians, announced that he was stepping down as President and as a member of the ATT Council for ‘personal reasons relating to an HMRC investigation of a pension scheme administered by my company, Tudor Capital Management’.

He added: HMRC believe that the trustees of that scheme have acted fraudulently, and that TCM is also involved. I and my colleagues at TCM reject these allegations in their entirety and we will be fighting hard to clear our name. Nevertheless the case now looks likely to come to court in the second half of 2012. Given this, it is proper that I stand down from the Presidency and trusteeship of the ATT.’

The ATT, which describes itself as ‘the leading professional body for those providing tax compliance services and related activities in the UK’, has 7,000 members and 4,000 students.

Meeson was appointed ATT President with effect from July 2011. Stuart McKinnon, the Deputy President, will take on the role until the end of 2012.