THE PRESIDENT of the Association of Taxation Technicians has stepped down because HM Revenue & Customs is conducting an investigation into a pension scheme administered by his company.
Andrew Meeson (pictured) has said that HMRC believes the trustees of a pension scheme administered by Tudor Capital Management (TCM) have been acting fraudulently, and that TCM is involved.
“I and my colleagues at TCM reject these allegations in their entirety and we will be fighting hard to clear our name,” Meeson said. “Nevertheless the case now looks likely to come to court in the second half of 2012. Given this, it is proper that I stand down from the presidency and trusteeship of the ATT.”
Meeson will be replaced by Stuart McKinnon, the current deputy president. Meeson was due to serve until the ATT AGM in July 2012, but McKinnon will serve until the end of 2012.
McKinnon said: “As Deputy President I will be undertaking all of Andrew’s Presidential functions with immediate effect. This will ensure continuity of the many activities in which we are involved.”
HMRC is continuing to ramp up the number of raids on premises it carries out as part of criminal investigations, searching 761 properties in the last year
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
Since the release of HMRC’s plans for digital tax reforms, many have agreed with the call for a delay
While some resistance to change is to be expected, the degree of controversy surrounding HMRC's Making Tax Digital proposals has surprised the government