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Landlord jailed for dodging capital gains tax

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A Hampshire landlord who dodged £157,725 of capital gains tax has been jailed for two years and three months.

A HM Revenue and Customs investigation found Richard Fuller, 53, did not declare profit from selling properties around Aldershot between 2006 and 2013.

Fuller was arrested at Gatwick Airport in October 2014 after a holiday to Turkey.

He was found guilty of cheating the public revenue and fraud by false representation on 14 July 2017.

Fuller was jailed for two years and three months at Winchester Crown Court on 11 August 2017.

In court, judge AJ Barnett said: “The jury found you guilty of dishonesty. This is a serious matter, you deliberately failed to pay your capital gains tax over several years.”

HMRC Fraud Investigation Service assistant director Richard Wilkinson says: “Fuller thought he was above the law and decided not to declare or pay the tax due from the sale of some of his property portfolio. It is simply not acceptable to steal from UK taxpayers.

“HMRC will continue to pursue those who attempt to hide their gains on assets, their income, and investigate those who attack the tax system.”

The Government department will try to confiscate Fuller’s assets to claw back the unpaid money.

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