Disgraced Yorkshire company director who committed £463k tax fraud is locked up

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A Yorkshire company director has been jailed for pocketing over £400,000 in unpaid tax during a 10-year fraud

Timothy Atkins, from the Fraud Investigation Service, said: “This was a deliberate attempt to pocket hundreds of thousands of pounds in taxpayers’ money which should have been used to fund our vital public services.Prosecutor Ben Reid said: “Ian Gibson deprived the taxpayer of more than £400,000 by evading both corporate and personal tax liabilities. He did so by dishonestly failing to declare his true income and falsifying invoices in his VAT returns.

"The CPS will now pursue confiscation proceedings against him to recover the proceeds of his criminality.”Gibson, of Riverdale Road in Sheffield, admitted VAT and income tax fraud, and dishonestly failing to disclose information in relation to corporation tax, at Sheffield Crown Court in August. He was sentenced to 64 months in prison and disqualified as a company director for eight years, at the same court on October 3.Did you know with a Digital subscription to Yorkshire Post, you can get access to all of our premium content, as well as benefiting from fewer ads, loyalty rewards and much more.

 

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