CEO of tax specialist cleared of wrongdoing after HMRC climb down

Laura Miller

The chief executive and a former director of the tax specialist arm of financial group Montpelier have been cleared of cheating the public revenue of £1m, after HM Revenue and Customs (HMRC) dropped the case against them.

Watkin Gittins, chief executive of Montpelier Tax Consultants, and Martin Calcutt, a former director at the firm, had been charged with the offence in respect of a £1m charity relief tax scheme. However...

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