Called to account: May 2017

The latest scandals and penalties including a businessman who fails to pay £1.3m in tax, FCA ban for CFO of failed spread betting firm, Banned accountant jailed for £5m fraud

Businessman fails to pay £1.3m in tax

A millionaire shooting club owner and businessman, who paid a bookkeeper and an accountant to keep meticulous records but never submitted the returns they prepared, has now been given a two-year sentence for failing to pay over £1.3m in tax.

Peter Duffield ran two profitable businesses but did not submit a single tax return on his earnings, including profits from the sale of three properties.

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