Former FD and magistrate sentenced for tax fraud
Former FD and magistrate receives suspended sentence and fine for tax fraud.
Former FD and magistrate receives suspended sentence and fine for tax fraud.
A former FD and magistrate today received a suspended nine-month sentence and fine for tax fraud.
Link: White collar crime – an inside job
Nottingham-based Thomas Jagger, former finance director of Natgraph, had pleaded guilty to four counts of fraud. This included submitting false corporation tax returns and failing to account correctly to the Revenue for the tax and national insurance contributions owed under PAYE by Natgraph.
Judge Goodier said that the Inland Revenue had been ‘defrauded over a lengthy period of time’.
As well as being a finance director and magistrate, Jagger was also a member of both CIMA and ACCA.
His nine-month jail sentence was suspended for two years, and he must pay a total of £50,663 in fines, compensation and court costs.
‘The Inland Revenue places great reliance on the honesty and integrity of directors, accountants and magistrates. If we find evidence that a person is involved in tax fraud, he or she is likely to be prosecuted,’ said the Revenue.
The numbers you crunch tell a story. Your expertis...
19yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleThree years after accountancy group DJH Mitten Clarke launched, they have announced that they have rebranded to DJH. The DJH Mitten Clarke name reflec...
View articleStatic budgets outdated. Embrace agile budgeting for a smooth year-end close and adapt to changing markets. Read More...
View articleSaffery Champness's strategic rebrand to "Saffery" reflects a bold step towards aligning its historic values with a modern, innovative ethos, fosterin...
View articleSumer’s CEO Warren Mead believes accountants have a responsibility to champion smaller and medium-sized businesses and that successful entrepreneurs a...
View articleMid-market firms experience largest percentage increase in fee income in 2023, as consultancy services start to become leading income streams for the ...
View articleBaker Tilly International has today announced record global revenues of US$5.2bn for the financial year ended 31 December 2023, up 11% on the previous...
View articleWhilst Small and Medium Enterprises (SMEs) account for around half of the turnover in the UK private sector[1], our own AAT research shows that over a...
View articleGrant Thornton UK as confirmed the appointment of Malcolm Gomersall as its new Chief Executive Officer. Gomersall, who has been with the firm for over...
View article