View more on these topics

2 accountants charged over £1m charity relief tax scheme

Two accountants have been charged over a £1m charity relief tax scheme, according to The Times.

The newspaper says Edward Watkin Gittins and Martin Calcutt have been charged with cheating the public revenue, while Calcutt is also charged with forgery.

They are due to appear at City of London Magistrates’ Court today.

Watkin Gittins was a director of Isle of Man based Montpelier Tax Consultants.

CPS deputy head of the fraud division Jaswant Narwal told The Times the pair had been charged in connection with a scheme costing HMRC around £1m.

Narwal told The Times: “It is alleged that Mr Watkin Gittins designed the scheme, while he and Mr Calcutt both implemented it.

“It is also alleged that forged documents were supplied in order to induce HMRC to grant their claim for tax relief.”

Watkin Gittins’ solicitor Mark Spragg told The Times: “These matters relate back to 2004-05 and a criminal investigation commenced in about 2006-07. Mr Gittins has co-operated throughout the investigation and answered questions and supplied material to HMRC. He denies any wrongdoing and is relishing the opportunity to finally clear his name.”

 

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com