Eight years after the UK parliament armed HMRC with corporate ‘failure to prevent the facilitation of tax evasion’ powers, the agency has finally pulled the trigger. Bennett Verby, a Stockport-based accountancy practice, has been charged under the Criminal Finances Act 2017 in connection with an alleged R&D tax credits repayment fraud. In this […]
HMRC has brought its first-ever criminal prosecution for failure to prevent the facilitation of tax evasion, charging an accountancy firm eight years after the offence was introduced. Stockport-based Bennett Verby Ltd is reportedly facing charges under the Criminal Finances Act 2017 in connection with an alleged R&D tax credits repayment fraud, alongside six individuals, including […]
In this article, Nick Vamos and Abbie Melvin examine the implications of the Supreme Court’s decision to quash Tom Hayes’ LIBOR-rigging conviction, focusing on how a judicial misdirection to the jury rendered the verdict unsafe despite strong evidence of wrongdoing. The piece explores whether such outcomes could be avoided through judge only trials in […]
What is the “shareholder rule”? Communications between a lawyer and their client, sought for the dominant purpose of giving or receiving legal advice, are protected by the English courts from disclosure due to the concept of legal professional privilege. For 135 years the shareholder rule had been acknowledged as one of few exceptions to […]
Peters & Peters successfully secured Mr Platon’s release on bail following a series of hotly contested hearings before Senior District Judge Goldspring at Westminster Magistrates’ Court. Mr Platon is accused in Moldova of fraud, money laundering and related offences. He is resisting extradition on the basis that his prosecution is politically motivated, extradition would be […]
Peters & Peters Solicitors LLP is delighted to announce a significant legal victory in the High Court of Justice, Chancery Division, on behalf of its clients, Charles Claire LLP and Lynx Golf Limited. In a comprehensive and well-reasoned judgment handed down today by Deputy High Court Judge Charles Morrison ([2025] EWHC 1802 (Ch)), the […]
Effective 26 June 2025, UK legislation expands whistleblowers’ employment law protections related to voluntary reports of suspected sanctions breaches by companies. While this move supports enforcement by encouraging private sector reporting, experts caution that the lack of incentives and delays in OFSI’s investigations of suspected breach reports may still mean whistleblowers suffer significant detriments in […]
Yesterday, the first part of the Leveson Review was published. We have previously provided our views on the Leveson Review shortly after its announcement: The Leveson Review of Criminal Courts Sir Brian Leveson, the former President of the Queen’s Bench Division and Head of Criminal Justice for England and Wales, was tasked by the […]
HMRC is ramping up scrutiny of high-net-worth individuals, with increased funding and thousands of new inspectors driving a significant rise in investigations and prosecutions in the years ahead. In this article for EPrivateClient, Rachel Cook explores the new HMRC crackdown and what it means for the tax payer. To read the article, please […]
While the prosecution of wealthy individuals has decreased in recent years, the current Labour government has set HMRC a target of 20 per cent more prosecutions by 2030, for which they have provided additional funding to finance these additional prosecutions. In this article for the Financial Times Advisor, Rachel Cook examines HMRC’s increasingly aggressive […]
