A 52 year old man accused of of avoiding paying tax and national insurance contributions totalling nearly £1.75 million has seen this figure being reduced by nearly two thirds at Kirkcudbright Sheriff Court. Steven Maxwell's wife, Susan has been cleared of her involvement in the alleged fraud.
Steven Maxwell of Wallach Court, Dalbeattie is now accused of pretending to Her Majesty's Revenue and Customs that he had no taxable income over a nine year period to May 2008. It is alleged that Steven Maxwell evaded paying £635,015 to HMRC and retained the money for his own use.
Maxwell, who was said to be earning £800 a day working for as an information technology consultant for JP Morgan Chase Bank and Deutsche Bank, is giving evidence at his trial. He denies the charges and the trial before Sheriff Kenneth Robb is expected to continue next Tuesday.
A woman has been cleared of her involvement in evading almost £1.75 million in tax and national insurance payments.
49 year old Susan Maxwell, of Wallach Court, Dalbeattie was charged along with her 52 year old husband Stephen. They both deny the charges
They have been accused of forming a fraudulent scheme to evade payments relating to their income between 1993 and 2008.
Her acquittal came at the end of the five week hearing. Almost 40 witnesses have given evidence during the jury trail at Kirkcudbright Sheriff Court.
Her husband is still on trial accused of retaining the cash for his own use. It's alleged he used it to buy Barncailzie Hall near Springholm and the Crown Hotel at Kirkpatrick Durham, through companies owned and controlled by him.
The trial before Sheriff Kenneth Robb is continuing.
The trial of a couple accused of evading tax and national insurance payments of nearly £1.75 million pounds has heard how investigators raided their home in Dumfries and Galloway.
Stephen and Susan Maxwell from Dalbeattie face charges relating to alleged offences between April 1993 and May 2008.
The jury heard how tax investigators raided the couple's country house, Barncailzie Hall in Spingholm in Castle Douglas in 2008, seizing three computers.
The couple are alleged to have kept the £1.75 million for their own use, buying the Hall that was raided and the crown hotel at Kirkpatrick Durham
The pair deny forming a fradulent scheme to avoid paying tax and national insurance contributions between 1993 and 2008. The trial at Kirkcudbright Sheriff court is expected to last a number of weeks.
The trial of a couple who are accused of avoiding tax and national insurance payment to the tune of £1.75 million begins today.
52 year old Stephen Maxwell and his wife Susan, who's 49, from Dalbeattie are alleged to have kept the cash for their own use and used it to buy a small estate and a pub.
They are accused of forming a fraudulent scheme to evade payments relating to their income. Stephen Maxwell is also accused of charges relating to the Insolvency Act.
It's alleged the evasion scheme enabled the couple to buy Barncailzie Hall at Springholm and the Crown Hotel at Kirkpatrick Durham.
The charges relate to a period between April 1993 and May 2008 and in particular refer to Mr Maxwell's employment as an information technology consultant at addresses in London, Bexley, St Alban’s, Springholm, the Isle of Man, Cyprus, Gibraltar and Switzerland.
63 witnesses have been called to the trial at Kirkcudbright sheriff court which is expected to last six weeks.