Tax fraud is a serious cause of concern with HM Revenue & Customs (HMRC) due to the large amount of losses incurred, which is why HMRC are constantly prosecuting and investigating serious Tax Fraud.
In recent news, a 37 year old man, from Florida, was sentenced to a 27 year prison sentence; many were shocked by this lengthy sentence as in 2014 ‘Tax Fraud Queen’, received a 21 year sentence which people believed was a long sentence.
So what exactly did those involved do to receive such a harsh Tax Fraud sentence? He was using stolen identities by collecting 7,000 Social Security numbers, which he used to scam up to $1.8 million in tax refunds. He pleaded guilty to Tax Fraud and the illegal possession of firearms.
Earlier this year, the UK Government announced plans to clamp down on tax evasion, penalising companies who have helped with such processes.
The chief secretary to the Treasury, Danny Alexander, who made the commons announcement in March, boldly stated “We should create a new offence of corporate failure to avoid preventing an economic crime and also that organisations [which] facilitate or encourage evasion should face the same penalty as the evaders themselves. Organisations, be they accountants, banks or whatever, who help people evade tax will be liable for this new offence and crucially liable for financial penalties.”
Stephen Lickrish & Associates are leading solicitors in Manchester who deal with such cases and aim to provide the best possible outcome for their clients. Their highly experienced team of Solicitors and Para-Legals have successfully represented a number of clients who have been under investigation by the Serious Fraud Office, Trading Standards and HMRC.
Tax Fraud investigations can be a lengthy and complex process and in most cases, require further assistance from Accountants alongside solicitors, who provide exceptional skills for thorough analysis of the cases. At Stephen Lickrish & Associates they understand that for better management of a case leading to a successful outcome for the client, representation at the earliest stage is key.
For more information on Stephen Lickrish & Associates who have also seen some remarkable results, particularly in cases involving MTIC frauds and money laundering, visit www.stephenlickrish.com. Before representation of your case, they offer initial free legal advice so the expert Solicitors and Para-Legals can assess the merits of your case.