They raided the premises in November of the same year and took further evidence by interviewing staff. They also obtained strong forensic evidence from the company records to support their allegations of a substantial suppression of income, which indicated that the business should have been VAT registered, as well as having filed incorrect income tax returns.
The proprietor had traded in her name for over four years before the first observations in August but had been a partner in the business for in excess of 9 years before that and it was alleged that the fraud had been perpetrated over a long period.
Link were instructed to act after the inquiry was formally commenced. After some correspondence, gleaned the crux of the JOSET case by telephone conversation and following detailed fact finding and planning, we arranged a meeting with the Inland Revenue and Customs officers, which was not attended by the client. During the course of this meeting we reached an agreed settlement, which was subsequently accepted by our client.
The settlement was restricted to the period under current ownership and VAT registration was back-dated to 18 months from the commencement of business. Our client was satisfied that the settlement was very fair and was tremendously relieved that the matter was resolved. She remains a loyal and appreciative client.