A father and son from Essex who failed to declare their true earnings to HM Revenue and Customs (HMRC) – to steal more than £257,000 in Income Tax and National Insurance Contributions (NIC) – have been sentenced.
Kevin Peacock, 54, from Canvey Island, earnt about £590,000 over six years but failed to complete a tax return. He owed more than £180,000 in tax and NICs.
Son Danny, 34, from Benfleet, did complete tax returns for his six years working as a builder, but purposely declared only a fraction of his earnings to reduce his tax bill, underpaying £77,000.
Shortly after being interviewed by HMRC, and facing charges of cheating the public revenue, the men asked their accountant to attempt to retrospectively prepare their tax accounts.
Kevin delivered a suitcase stuffed with paperwork while Danny handed in a bin bag full of incomplete business records at the accountant’s office, but it was too late.
At Basildon Crown Court on Friday (March 10), Kevin was sentenced to 18 months prison suspended for two years and 200 hours unpaid work.
His son Danny received 20 months suspended for two years and 150 hours unpaid work.