Accountant cost Revenue £1m

Accountant cost Revenue £1m

An accountant who cost the Inland Revenue more than £1m through submitting false claims, has been found guilty on two counts of cheating the tax authorities.

Simon Rogers pleaded not guilty to fraud involving false claims for tax rebates and could now face a prison sentence. Seven building contractors have pleaded guilty to connected offences.

Blackfriars Crown Court heard how Rogers added thousands of non-existent construction workers to his client list and made claims for tax rebates using the names of real and bogus clients.

Rogers? Stevenage-based practice listed 4,600 clients, which the Revenue said would have made it one of the largest in the home counties. Most of the clients were subcontractors working in the building trade.

The Revenue?s special compliance office in Nottingham is continuing to investigate similar frauds around the UK.

Inland Revenue officer pleads guilty to insider trading

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