Lips sealed over Archer tax probe
The Inland Revenue today refused to say whether it would investigate the tax affairs of jailed Tory peer Jeffrey Archer.
Reports in today’s newspapers claim a Revenue inquiry is expected after allegations about the financial arrangements of the disgraced novelist.
However a Revenue spokesman said that ‘confidentiality rules apply’ and that the department could not say whether it was or was not looking at his affairs.
Lord Archer today begins a four-year term in Belmarsh prison after being found guilty on two counts of perjury and two of perverting the course of justice in connection with a Daily Star libel trial of 1987.
He was acquitted of a third charge of perverting the course of justice.
His former friend and co-defendant Ted Francis, who had been asked to provide a false alibi for the 1987 trial, was cleared of perverting the course of justice.
Archer was ordered to pay prosecution costs of £175,000 and now faces a £2.2m legal action by the Daily Star in costs and damages. Links