Senior accountant acquitted of cheating the revenue

Nigel Sangster QC led for the defence of Martin Calcutt, who was acquitted of cheating the revenue in respect of a tax avoidance scheme, enabling a Liverpool educational charity - Rotunda - to survive a financial crisis. The Revenue had asserted that transactions, involving the gift of government gilts said to take place in a particular year, were ineffective, and had taken place in a different year. The team were able to demonstrate that the transactions were legally effective. HMRC nonetheless proceeded on the basis that tax relief of over £2.5m had been claimed for a year in which it was not due. After calling half its evidence and seeing what its witnesses said in cross-examination, HMRC withdrew its case - a decision with which the judge publicly agreed.

Close

How can we help?

Please fill in this form and we'll get back to you as soon as possible.

Please enter your name
Please enter your enquiry
Please enter your email address
Please enter your phone number
One more thing... Please enter the verification code