A 70-year-old accountant who previously worked at Ernst & Young and had been earning up to £2 million a year faces the possibility of losing a thatched-roof country cottage after courts reject his latest challenge. According to reporting, the man signed assets over to his wife, a move he made while dealing with debts. The current dispute centers on an unpaid tax bill, described as exceeding £600,000, with his cottage valued at about £730,000. The coverage states that judges dismissed his attempt to overturn or halt enforcement action tied to the tax arrears. While details of the legal arguments are not provided in the excerpts, the reporting is consistent that his appeal failed and that enforcement could proceed against the property used as his home. The case is presented as involving both the tax authority’s claim for unpaid liabilities and the man’s earlier asset transfer. The outcome leaves open whether the property will be seized or otherwise affected to satisfy the tax debt.
Judge rejects appeal in case involving unpaid tax and potential loss of cottage
A 70-year-old accountant who previously worked at Ernst & Young and had been earning up to £2 million a year faces the possibility of losing a thatched-roof country cottage after courts reject his lat...
- A 70-year-old accountant with a background at Ernst & Young faces enforcement over unpaid tax.
- Judges reject his latest court challenge.
- The unpaid tax bill is reported as over £600,000.
- He previously signed assets over to his wife while dealing with debts.
- His thatched-roof cottage, reported as worth about £730,000, could be at risk.
A former Ernst & Young tax chief who once earned £2million a year could lose his £730,000 'chocolate box' country home after judges rejected his latest court challenge.
2 hours agoA former Ernst & Young tax chief who once earned £2million a year could lose his £730,000 'chocolate box' country home after judges rejected his latest court challenge.
2 hours ago
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