PracticeAccounting FirmsHull accountant jailed for conspiracy

Hull accountant jailed for conspiracy

An accountant has been jailed for three and a half years after being convicted for conspiracy in connection with the sale of a Hull nightclub.

Link: For other legal news

Phillip George Webster from Cherry Burton, Beverley in Hull was convicted after a trial lasting 11 weeks. He was found guilty of conspiracy to cheat the public revenue last December, but three co-defendants in the case were acquitted and a fourth was not pursued. He was also disqualified from being a company director for ten years.

Webster was convicted for trying to cheat the Inland Revenue out of corporation tax due on the sale of Hull night club Rumours in April 1993. The club was owned by Eastgate Developments, a company based in Beverley for whom Webster was acting accountant.

The total loss of tax as a result of the conspiracy was £34m plus accrued interest of £17m.

Webster claimed two companies, Waterloo Tavern and Skippers Tavern were subsidiaries of Eastgate and therefore formed a group. Because of this, he said, the tax due on the disposal of Rumours could be deferred against further acquisitions made by the group.

In passing sentence, Judge Dowse said: ‘… the evidence against you is overwhelming and you have lied time and time again to the Inland Revenue investigators and the jury.’

He added the case was ‘devoid of any mitigation.’

Related Articles

Johnston Carmichael CEO appointed as ICAS president

Accounting Firms Johnston Carmichael CEO appointed as ICAS president

3w Emma Smith, Managing Editor
British Accountancy Awards 2018 – entries open!

Accounting Firms British Accountancy Awards 2018 – entries open!

1m Emma Smith, Managing Editor
Is the accountancy sector facing an international talent crisis?

Accounting Firms Is the accountancy sector facing an international talent crisis?

1m Lewis Silkin
RSM appoints new Chief Operating Officer

Accounting Firms RSM appoints new Chief Operating Officer

1m Alia Shoaib, Reporter
RSM announces 11 partner promotions

Accounting Firms RSM announces 11 partner promotions

2m Emma Smith, Managing Editor
BDO hires former AstraZeneca creative director as head of digital and innovation

Accounting Firms BDO hires former AstraZeneca creative director as head of digital and innovation

2m Emma Smith, Managing Editor
What does the future hold for listed accountancy firms?

Accounting Firms What does the future hold for listed accountancy firms?

2m Fergus Payne, Lewis Silkin
EY, Deloitte lead Big Four in gender pay gap reporting

Accounting Firms EY, Deloitte lead Big Four in gender pay gap reporting

2m Emma Smith, Managing Editor