HMRC Criminal Prosecution
Liz assisted an accountant being prosecuted for perpetrating a fraud by means of establishing offshore structure to evade the payment of tax.
It was necessary to examine the structures, consider the Controlled Foreign Company legislation and undertake a detailed analysis of the individual’s financial affairs and those of the clients concerned.
She was required to assist with the cross examination of the HMRC expert and also gave evidence herself.
The individual was found not guilty.Â
HMRC Civil Fraud Investigation
Liz acted on behalf of an individual whose offshore investments had come to the attention of HMRC following the obtaining of information from a major bank.
The bank accounts concerned had been in existence for over 20 years and the work involved included establishing the source of funds deposited, tracing monies transferred in and out of accounts and establishing the destination of withdrawals.
The case was conducted under the Hansard procedure and was concluded in by negotiated settlement with HMRC to the satisfaction of the individual and his client.