UK news: Tax cheat 'family man' spared jail as court told of cocaine habit
A company director described as 'family man' has been spared jail despite cheating the public purse out of tens of thousands of pounds.
Rachel Cooper, prosecuting, told the court that the businessman - who describes himself as self-employed, with earnings of £30,000 per year - has not fielded any self-assessment tax returns since 2012. He failed to pay a total of £66,491.06 in income tax and £4,600 of VAT through his business IP Partners, which employs 30 people and boasts an annual turnover of more than £1million, between 2013 and 2018.
Barker, of North Promenade in Lytham St Annes, told investigators while being quizzed that he 'thought he was three years behind and wanted to get it done'. But the sum remains unpaid. Barker, who has no previous convictions, admitted evading income tax and VAT shortly before he was due to stand trial. He was handed 20-month imprisonment suspended for two years.
"I accept you were suffering from depression and stress at the time of your offending. References speak very highly of you, you are a family man.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
“O Caledonia” teaches girls how to grow upElspeth Barker’s only novel is a celebration of obstinate individuality
Read more »
Britney Spears talks about rumours that new tattoo was for ex Justin TimberlakePop icon Britney Spears has hit back at rumours saying her new mystery tattoo was for her ex boyfriend, NSYNC singer Justin Timberlake after she shared a photo of the two on her Instagram
Read more »
HMRC makes big change just days before self-assessment tax deadlineSome taxpayers will notice a difference when attempting to contact HMRC from today
Read more »
HMRC phone line scam sees tax payers charged up to £7 a minute⚠️ Accountants are warning people to avoid online services that are charging them up to £7 a minute to connect to the HMRC telephone number
Read more »
Harbour Energy: UK windfall tax has unintended consequences\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Read more »