Safe Solutions sets a Record

[malvolio]

Sadly, it's for the greatest number of companies being taken into administration under one administrator, Nick Wood, working from Grant Thornton.

The scheme itself was entirely legal, but not if you don't pay the tax due on it. HMRC are bringing an £18m action under the Proceeds of Crime act. Needless to say, Wood is chasing payment from "the previous owners". Hope they have some savings left...

Ooops!

[lawspeed]

malvolio,

Do you happen to have a source for this information that I can take a look at?

thanks in advance

[pedro]

I heard from a very reliable source that the current owner of Safe Solutions is a close relative of one of the original owners who ran the blatant scam. I wonder will they remember to pay HMRC and everyone else this time?

[malvolio]

malvolio,

Do you happen to have a source for this information that I can take a look at?

thanks in advance

Nicked from the Daily Mail today, it's in the Money Mail section, p89. I was going to copy in the link but I've been having internet problems - the ISP accidentally turned me off!!

[Technically Blonde]

Money Mail link

Hi

If you manage to find the Money Mail link to this story I would be very interested to read it!!!

Thx

[Mordac]

Is that your old mob Debbie?

[malvolio]

Can't find it on Mail Online.

tulipe99 has it here:

Nick Wood, from Grant Thornton's said: "This appointment represents the largest ever single administration application by the number of UK companies involved. The challenge will be to investigate and apply innovative ways of managing the process to minimise costs and overall timing in order to provide HMRC with a successful multimillion pound return".

Link to the article is bleow, you have to register with the site

http://www.shout99.com/contractors/s...id=40166&n=250

[Mordac]

Just realised they are about 5 mins from where I live. Anyone want any bricks lobbing through their windows...?

[MarillionFan]

A case of being too clever for your own good springs to mind.

[Technically Blonde]

A case of being too clever for your own good springs to mind.

A case of being too stupid for your own good, rather. You put 864 companies into administration without paying taxes / VAT and you don't think HMRC will sit up and take notice ..............