Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

Tax-dodging former Perthshire transport boss still owes thousands ten years after conviction

Dundee Sheriff Court.
Dundee Sheriff Court.

A tax-dodging transport boss is still being chased by prosecutors for his illicit profits more than a decade after he systematically conned the taxpayer.

Businessman Stewart Newing-Davis has been locked in a battle with the Crown Office as they have tried to claw back some of the £200,000 they claim he made through tax evasion.

The case goes back to March 2010 but Newing-Davis has repeatedly managed to avoid handing over the money he has been ordered to pay under proceeds of crime legislation.

The case will continue again after he failed to turn up at Dundee Sheriff Court yesterday for the latest hearing in the confiscation case.

Sheriff George Way said he did not know enough about the case to issue a warrant for Newing-Davis’s arrest and said it should be calling in Perth in front of Sheriff Gillian Wade.

Last year, Newing-Davis was ordered to pay back just £7,000 under proceeds of crime legislation, despite making nearly £200,000 from his criminal activity.

Proceeds-of-crime action against Perth businessman put off again

The former transport chief managed to buy a £400,000 villa in France after systematically evading paying tax.

He was jailed for 32 months and the Crown eventually agreed with Newing-Davis that he should hand over just £7,042.16 from the sale of his French holiday home.

Counsel Mark Moir told the court: “Mr Newing-Davis accepts he benefited from significant criminal conduct to the sum of £174,179.33. The available amount is £7,042.16 – the equity in the property in France.”

Mr Moir previously told the court that the figure being handed over by his client may end up being reduced further by a French property sale tax and the exchange rate.

It is understood yesterday’s hearing was scheduled to establish what – if anything – Newing-Davis had actually handed over to prosecutors.

He was jailed after admitting conning the taxman. He was released on a home detention curfew after serving just a quarter of his sentence.

Newing-Davis, 51, who later claimed to be living in a hostel and driving a London bus for a living, was jailed for duping HM Revenue and Customs out of £174,179.

He forced staff to falsify VAT returns for more than a year.

Jailing him at an earlier sitting, Sheriff William Wood described it as “a substantial fraud upon the taxpayer.”

The court was told that Newing-Davis, formerly of Bankfoot, Perthshire, had deliberately falsified accounts to avoid substantial VAT payments and then tried to blame his bookkeeper.

An audit of the company’s books established he had underpaid the taxman by £174,179 in just over a year, between March 2010 and June 2011.

He formerly ran Bankfoot Buses, which was ordered off the road by regulators for trying to imitate Stagecoach services.

HMRC to seize shamed Perthshire businessman’s assets amidst claims of luxury lifestyle funded by crime

Already a subscriber? Sign in

[[title]]

[[text]]