Tax adviser jailed for VAT and income tax fraud

 

Birmingham tax adviser David Douglass was jailed for 18 months after stealing £400,000 in VAT and income tax fraud.

Douglass did not declare income or pay tax on his £1m earnings for 13 years, an HMRC investigation found. 

He was a regulated financial adviser, specialising in investment portfolios and pensions. While advising clients on tax matters, the former adviser...

Continued...

» Register now

The full article is available to registered AccountingWEB members only. To read the rest of this article you’ll need to login or register.

Registration is FREE and allows you to view all content, ask questions, comment and much more.

Comments

So, he was regulated was he? 13 years!    3 thanks

Trevor Scott | | Permalink

Not my idea of regulation.

JCresswellTax's picture

Im sure...    1 thanks

JCresswellTax | | Permalink

He came onto me once in wetherspoons birmingham city centre.... :)

.    3 thanks

ireallyshouldkn... | | Permalink

13 years tax free

9 months in a min security jail

and a claw back of anything he hasn't spent or hidden very well.

Not THAT much disincentive here is there?

Unlucky 13

thomas34 | | Permalink

[quote=JCresswellTax]

He came onto me once in wetherspoons birmingham city centre.... :)

You shouldn't be so lucky!  Paragraph  If in real life he looks like his photo I'd have sussed him out in 13 seconds.