Saturday 31 March 2012

TIM ALLAN - Tax

All round cowboy builder Tim Allan has been a very naughty boy. SIPit Scotland was put into liquidation by HMRC and evidently unpaid tax was the key factor. We have been informed that he has been doing a Craig Whyte recently - that is deducting PAYE and NI from his employees over the last few years but not passing it on to the taxman. He had quite a few employees so it'll be a tidy sum defrauded from HMRC. For those of you who have not heard of Craig Whyte he is the man who bought and broke Rangers FC - another thoroughly dodgy character.

Be interesting to see HMRC vs TIM ALLAN /SIP Construction Company as a parallel prosecution to the Rangers case. The main difference is that Rangers have assets. Mr Allan made sure he had none so his creditors get nothing. Mind you the satisfaction of his wife Catriona and daughters having to visit him in Barlinnie would only be a pyrrhic victory. We're still wondering why he didn't get disqualified as a Director years ago.

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