A tax adviser convicted last month of cheating the public revenue by dishonestly submitting and facilitating tax relief claims has been jailed for 18 months. A confiscation hearing will be held in July.
The trial of Harry Redknapp and Milan Mandaric cost HMRC less than £300,000, a spokesperson told Tax Journal today.
HMRC will invite people who have failed to complete tax returns and are liable to pay tax at the highest rates to make a voluntary disclosure under a new campaign to be launched during the next year.
HMRC has reminded employers that from April 2012 it will have the power to require an employer to pay a security where there is a ‘serious risk’ of non-payment of PAYE tax or NICs.
Richard Carson reviews the new draft anti-avoidance regime for plant and machinery allowances and discovers that taxpayer concerns expressed during consultation are not entirely allayed.
The judgment of HMRC officials and the City of London Police was questioned and Harry Redknapp’s barrister was reported to be demanding an investigation after the Tottenham manager and Milan Mandaric, the former Portsmouth chairman, were acquitted of cheating the public revenue.
‘The Tottenham Hotspur manager Harry Redknapp and Milan Mandaric, the owner of Sheffield Wednesday, have been cleared of evading tax on payments totalling £189,000 that were made by Mandaric into Redknapp's offshore bank account while the two men were at Portsmouth football club.