Mills wanted to use wife’s name in tax row

Mills wanted to use wife's name in tax row

Mills paid 30% penalty on tax settlement relating to Italian payment

David Mills, the tax lawyer husband of Tessa Jowell, wanted to use his wife’s
name to deflect the attention of HM Revenue & Customs, it has emerged.

The Sunday Times reported at the weekend on details of Mills’ settlement with
HMRC over his controversial £350,000 payment from an Italian businessman, citing
minutes of a meeting between Mills and his accountant it had obtained.

Mills failed to disclose the payment to the taxman for three years, and when
he did settle, paid only a 30% fine and escaped prosecution.

The relatively lenient treatment was condemned at the weekend by leading
figures from the tax world. ‘This is a very low penalty rate which others would
never have got away with,’ Mike Warburton of Grant Thornton said.

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

1m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y Accountancy Age

Turn Accounts Payable into a value-engine

In 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 resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article