{"id":64045,"date":"2019-10-02T09:18:17","date_gmt":"2019-10-02T08:18:17","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=64045"},"modified":"2019-10-02T09:18:17","modified_gmt":"2019-10-02T08:18:17","slug":"three-points-engineering","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/three-points-engineering\/64045\/","title":{"rendered":"Engineering boss lands 11-year ban for tax offences"},"content":{"rendered":"

Bromley-based director Abraham Mortimer Briscoe has been banned for 11 years after causing Three Points Engineering Ltd to avoid paying taxes<\/h2>\n

Abraham Mortimer Briscoe was the sole director of the company Three Points Engineering Ltd (3PE). The company was incorporated in June 2011 and provided heating, air conditioning and gas engineering services in London and the South-East.<\/p>\n

As a director, it was Abraham Briscoe\u2019s responsibility to ensure the engineering company paid the right amount of taxes<\/a>. But through enquiries by HMRC<\/a> and the Insolvency Service<\/a>, it was proven that Abraham Briscoe had regularly caused Three Points Engineering to declare incorrect levels of tax liabilities due.<\/p>\n

Over three years, between July 2011 and June 2014, Abraham Briscoe deliberately failed to declare circa \u00a3400,000 worth of income to the tax authorities. He also under-declared tax liabilities of at least \u00a3127,000.<\/p>\n

HMRC raised assessments for the unpaid tax and levied penalties against 3PE. However, this remained unpaid when the engineering company entered into liquidation in November 2018, following a petition to wind up the company by HMRC.<\/p>\n

In excess of \u00a3200,000 worth of tax was outstanding when 3PE entered into liquidation and yet investigators established that Abraham Briscoe had drawn down more than \u00a31.2m from the company in payments to bank accounts in which he personally had an interest.<\/p>\n

On 9 September 2019, the secretary of state accepted an 11-year disqualification undertaking from Abraham Briscoe.<\/p>\n

Effective from 30 September 2019, Abraham Briscoe cannot, without the permission of the court, be involved in the formation, promotion or management of a company, directly or indirectly.<\/p>\n

Jane Knight, deputy head of insolvent investigations Midlands & West, said: \u201cAbraham Briscoe failed to declare 3PE\u2019s true liabilities to HMRC. Under-declaration of taxes due by a company deprives the exchequer of the monies needed to provide public services.<\/p>\n

\u201cHis disqualification means that he will not be able to run a limited company for eleven years and will help to protect HMRC from future losses. The Insolvency Service will not hesitate to pursue disqualification in such cases.\u201d<\/p>\n

\n<\/div>","protected":false},"excerpt":{"rendered":"

Bromley-based director Abraham Mortimer Briscoe has been banned for 11 years after causing Three Points Engineering Ltd to avoid paying taxes.<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[304],"tags":[636,283,18288],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-64045","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-planning-construction-news","7":"tag-engineering","8":"tag-finance","9":"tag-hmrc"},"acf":[],"yoast_head":"\nEngineering boss lands 11-year ban for tax offences<\/title>\n<meta name=\"description\" content=\"Bromley-based director Abraham Mortimer Briscoe has been banned for 11 years after causing 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