Accountant jailed for £365,000 tax fraud
A chartered accountant who conned his staff and clients out of £365,000 has been jailed for two years.
Peter Rose from Tadworth used redundant VAT number to invoice clients and then pocketed the £150,000 VAT he received from them, without declaring or paying it to HMRC.
Rose, who runs Mayfair Associated in Surrey, also defrauded his own staff by keeping £150,000 in PAYE and NI contributions over a nine-year period.
In addition, he didn't pay £65,000 income tax or NI on his own earnings.