Timothy Foote, aged 26 at the time, claimed £6,572 in false expenses while
employed by PricewaterhouseCoopers from 2006 to 2007. His claims included a £542
bill for accommodation and dinner at Hotel Du Vin, a £217 bill for dinner at
L’Escargot and telephone line rental of £547.
The penalty would normally be exclusion from the institute. However, Foote,
who pleaded guilty and repaid the funds to his now former employer, was instead
severely reprimanded, fined £2,100 and ordered to pay £2,900 costs.
His young age, contrition and the fact he was settled into a new job where
his employers were aware of his previous conduct, were taken into account, the
tribunal decided. ‘This was a very difficult decision to make,’ the tribunal
said in its papers.
Foote said: ‘It was a deeply regrettable thing. I’m grateful to have the
opportunity to move on.’
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy