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.
More top news
37-year-old Allan Raymond Bell from Workington was sentenced at Preston Crown Court today.
Decision to cut tax for lower earners but raise it for the better off creates new party divide.
Virgin Trains says it will run the majority of its services through stations including Lockerbie, Carlisle, Penrith and Oxenholme.