Tax Rebates & Refunds

Former tax chief accused of £5m tax fraud

January 28, 2013
Posted in Fraud — Written by Chris

A former president of the Association of Taxation Technicians has been accused of playing a part in a lucrative tax rebate scam worth an estimated £5 million.

Along with three other business associates, Andrew Meeson allegedly exploited the ‘relief at source’ system run by HM Revenue & Customs (HMRC) in order to profit from tax refund claims for two pension schemes which were apparently made up.

Prosecutor David Farrer QC told a jury at Birmingham Crown Court:

“The first three defendants invented two relatively large pension schemes with completely fictitious members and over a substantial period ‘reclaimed’ tax from the Revenue on non-existent contributions.”

The fourth defendant, Steven Price, was accused of a further account of acquiring criminal property using the proceeds of the fraud.

The complex scam is believed to have been carried out over a four year period, from January 2006 to April 2010, and is understood to have netted its participants more than £5 million. This money was then reportedly used to pay for loans to Meeson and married couple Peter and Alison Bradley, who are the other two defendants named in the case.

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