home
news
study zone
career advice
pq awards
free mag
advertise
contact
nq mag
PQ magazine is for part qualified accountants.
Read the latest web issue here – if you like what you see sign up today
Latest News
Accountant ordered to pay back £2.9m
08 January 2018
Management accountant Aquil Ahmed has been ordered to repay £2.9m within 3 months or face a further five years in jail.
Along with co-conspirator Victor Shearer, Ahmed was found guilty in 2016 of defrauding HMRC of £6.9m in VAT, income tax, NICs and construction industry scheme deductions through fraudulent payroll schemes.
Ahmed’s ‘Keepers’ accountancy businesses ran the payroll for Shearer’s company ‘Leaner Logistics Limited’.
He admitted to conspiracy to cheat the public revenue in 2016 along with money laundering, and was sentenced to seven years and eight months in prison.
The pair now face selling their assets to pay back a total of £3.5m after confiscation hearings at Maidstone Crown Court.
[«all news]
Subscribe to RSS