Tax Rebates & Refunds

Gordon Ramsay’s restaurant investigated over tax fraud allegations

December 14, 2012
Posted in Fraud — Written by Jennifer

The celebrity chef Gordon Ramsay is reportedly being investigated by HM Revenue & Customs (HMRC) over the tax affairs of his £100 million restaurant business, after allegations of tax fraud were made.

No specific details will be revealed about the case until HMRC officials have examined the accounts of Gordon Ramsay Holdings and have reached a conclusion, but at present, the department is giving the company the chance to disclose any irregularities in its tax affairs.

This is apparently being done via a Contractual Disclosure Facility, which HMRC – the department responsible for income tax and tax refunds as well as tax fraud investigations – offered the chef in exchange for no criminal investigation being launched. As long as Ramsay discloses all of his company’s tax information, HMRC is not likely to launch a criminal investigation unless it finds evidence of serious tax fraud.

The reports of HMRC’s interest in the £100 million restaurant business come just a couple of days after celebrity chef Ramsay agreed to pay a settlement of £600,000 to his father-in-law Chris Hutcheson, who was abruptly dismissed as chief executive of the company back in October 2010.

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