Businessman charged with £140,000 tax fraud

Daily Echo: Business man charge with £140,000 tax fraud Business man charge with £140,000 tax fraud

A HAMPSHIRE businessman has been charged with tax evasion offences estimated at £140,000.

Chukwudi Daniel Nwodo, 28, was charged at Fareham Police Station following an investigation by HM Revenue and Customs (HMRC).

He was arrested in August and was charged yesterday with eighteen alleged tax evasion offences - six for VAT evasion, six for Income Tax evasion and six for National Insurance evasion.

The Nigerian national, who lives in Catisfield Road, Fareham, has been released on bail until October 31 when he is due to appear at Fareham Magistrates' Court.

Comments (13)

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2:55pm Thu 11 Oct 12

Dasal says...

At last HMRC go for the bigger option instead of harrassing the "ordinary" man for a couple of hundred quid !!!
At last HMRC go for the bigger option instead of harrassing the "ordinary" man for a couple of hundred quid !!! Dasal

3:19pm Thu 11 Oct 12

hulla baloo says...

Dasal wrote:
At last HMRC go for the bigger option instead of harrassing the "ordinary" man for a couple of hundred quid !!!
Not quite the bigger option, when you look at the likes of vodafone and facebook, but at least it seems they are setting their sights higher.
[quote][p][bold]Dasal[/bold] wrote: At last HMRC go for the bigger option instead of harrassing the "ordinary" man for a couple of hundred quid !!![/p][/quote]Not quite the bigger option, when you look at the likes of vodafone and facebook, but at least it seems they are setting their sights higher. hulla baloo

3:58pm Thu 11 Oct 12

dsm says...

What's the betting he'll be a 'no show'?
What's the betting he'll be a 'no show'? dsm

5:19pm Thu 11 Oct 12

Gainer T Gopher says...

dsm wrote:
What's the betting he'll be a 'no show'?
he's most probably on a flight out of the country now.... or in London busy changing his name....
[quote][p][bold]dsm[/bold] wrote: What's the betting he'll be a 'no show'?[/p][/quote]he's most probably on a flight out of the country now.... or in London busy changing his name.... Gainer T Gopher

6:03pm Thu 11 Oct 12

MGRA says...

If its carousel fraud then he may slip the net anyway...
If its carousel fraud then he may slip the net anyway... MGRA

6:19pm Thu 11 Oct 12

mack chinnon says...

You wont see him for dust.
You wont see him for dust. mack chinnon

7:05am Fri 12 Oct 12

BenjiWinsor says...

The article fails to say what the business was, that would be interesting.
The article fails to say what the business was, that would be interesting. BenjiWinsor

9:10am Fri 12 Oct 12

Georgem says...

BenjiWinsor wrote:
The article fails to say what the business was, that would be interesting.
"Non-specialized wholesale trade"...


http://www.companies
intheuk.co.uk/ltd/dn
-consultant
[quote][p][bold]BenjiWinsor[/bold] wrote: The article fails to say what the business was, that would be interesting.[/p][/quote]"Non-specialized wholesale trade"... http://www.companies intheuk.co.uk/ltd/dn -consultant Georgem

11:53pm Sat 13 Oct 12

Rhyley says...

this man could just be a successful businessman who has structured his business so as to pay less tax. it will be nice to here his part of the story. we all know that HMRC are really hungry for money now looking at the economic state of the country.

Does anyone knows this Mr. Nwodo as i would really like to know exactly what has happened
this man could just be a successful businessman who has structured his business so as to pay less tax. it will be nice to here his part of the story. we all know that HMRC are really hungry for money now looking at the economic state of the country. Does anyone knows this Mr. Nwodo as i would really like to know exactly what has happened Rhyley

2:31pm Sun 14 Oct 12

benjamin.michael says...

Yes I know Mr. Nwodo very well; we went to the same University. He is an extra ordinary highly respected successful businessman. I have discussed the matter with him.
According to Mr. Nwodo he structured his company so as to limit his Tax liability. He had calculated his tax to be £60k aprox but HMRC disagree with him and wanted him to pay £140k which of course he refused. As a result the matter will be put forward to court for a judge to decide.
Lets face it, £60k tax from a 28 years old WOW! that is a lot of money compare to people that are not willing to pay anything at all.
I will be very interested to see the outcome from the judge.
Yes I know Mr. Nwodo very well; we went to the same University. He is an extra ordinary highly respected successful businessman. I have discussed the matter with him. According to Mr. Nwodo he structured his company so as to limit his Tax liability. He had calculated his tax to be £60k aprox but HMRC disagree with him and wanted him to pay £140k which of course he refused. As a result the matter will be put forward to court for a judge to decide. Lets face it, £60k tax from a 28 years old WOW! that is a lot of money compare to people that are not willing to pay anything at all. I will be very interested to see the outcome from the judge. benjamin.michael

3:02pm Sun 14 Oct 12

alex.jack says...

i don't know him, but in my opinion HMRC should accept his return of £60k.

Because there are lots of people out there that are not willing to pay anything.

I think he is a great contribution to the british economy
i don't know him, but in my opinion HMRC should accept his return of £60k. Because there are lots of people out there that are not willing to pay anything. I think he is a great contribution to the british economy alex.jack

7:05pm Sun 14 Oct 12

bright stokes says...

This man must be a very good businessman. but I think HMRC should fucus more on bankers who earnes millions instead of harrassing a very young businessman who is at least willing to pay tax. if the 28years man calculated his tax liability to be £60k i personally think he has done well.
This man must be a very good businessman. but I think HMRC should fucus more on bankers who earnes millions instead of harrassing a very young businessman who is at least willing to pay tax. if the 28years man calculated his tax liability to be £60k i personally think he has done well. bright stokes

12:32am Sun 28 Oct 12

de law says...

i think Mr Daniel has contributed immensely as a successful businessman to UK economy. i know him very well HMRC should accept his 60k. its not easy to cough out such amount of money considering the present economic situation. i thought government are mean t to encourage small scale businessmen.
i think Mr Daniel has contributed immensely as a successful businessman to UK economy. i know him very well HMRC should accept his 60k. its not easy to cough out such amount of money considering the present economic situation. i thought government are mean t to encourage small scale businessmen. de law

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