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National Crime Agency Investigation

By David Scrivener
19th Feb 2015

A tax payer who was under investigation by the National Crime Agency (NCA) for tax evasion engaged Ensors as forensic accountants to assist. The nature of the case and the sums involved was such that HMRC had passed the matter to the NCA to resolve. The initial estimates of the potential liabilities for tax evaded amounted to in excess of £2m. 

An analysis was carried out on a substantial amount of data covering five years, including 80 bank accounts, trading records and property transactions. A report was produced on the under declared tax liabilities and represented the client in the negotiations with the NCA. This case resulted in a final settlement of less than a quarter of the original assessments.