In this month's roundup of cases and disqualifications, company bosses jailed over £360k tax fraud, jet-setting tax fraud couple to repay £350k, businessman sentenced for £180k tax fraud
Company bosses jailed over £360k tax fraud
A pair of company bosses have been jailed for a total of 30 months after stealing £360,000 through various tax frauds. Mark Creswell from Lincoln and Craig Williamson from West Yorkshire both made a series of false VAT repayment claims between 2008 and 2014. Creswell also failed to declare income from properties he rented, while Williamson lied about his earnings when claiming tax credits.
They spent the money from the fraud on trips abroad and home improvements. HMRC uncovered the frauds after discovering that the duo’s spending was beyond their declared incomes.
HMRC officers found that while Creswell claimed to earn up to £8,000 a year, his monthly outgoings were regularly about £3,500. Williamson said his annual income was £14,000, but he paid £1,200 per month in rent alone.
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