R v. R [2009] - Southampton
Prosecution of car dealer by Revenue and Customs Prosecution Office ("RCPO") for under declaring his business profits thus substantially under paying tax.
The defendant signed tax returns between 1999 and 2003 declaring that his profits for those 4 years did not exceed £28,000 whereas in truth his actual profits made exceeded £800,000 upon which tax was payable.
It was established that the defendant had over 14 bank accounts of which at least 3 were off shore in the Isle of Man, Guernsey and Jersey. In one Off Shore account he held over £4 million during the period of time which HMRC were looking at. Upon detailed examination of the accounts it was established that customers' bankers drafts were regularly going directly Off Shore. The loss to HM Revenue and Customs for the four offences is over £430,000.