Montpelier chiefs charged over £1m fraud

The chief executive and former tax consultant director at Montpelier Chartered Accountants have been charged over an alleged £1m gift aid tax relief fraud.

Following an HMRC investigation, the Crown Prosecution Service (CPS) confirmed it has authorised charges against the two men who will appear before the City of London Magistrates' Court tomorrow (21 August).

Between March 2004 and February 2007 it is alleged CEO Watkin Gittins and Martin Calcutt abused tax relief that allowed individuals making gifts to charity to offset the market value of the gifts against their tax liabilities.

It is alleged that Gittins...

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