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Flip Flop Ben Turney at Teathers - do your civic duty: tax dodging is wrong

By Tom Winnifrith, The Sheriff of AIM | Tuesday 21 February 2017

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

I wrote earlier today that Flip Flop Ben Turney who now finds himself running failed ex AIM investment vehicle Teathers really MUST go to the Old Bill demanding a full investigation into the ATM withdrawals by ex FD Nilesh Jagatia. A reader points out that Flip Flop has another civic duty to perform on this matter, he must go to the taxman. Ever keen to help...

If Nilesh was using the ATM card and the FairFx card for personal expenses ( like that £47.47 Sainnsbury Bill at his local South Woodford branch or the NY Eve ATM withdrawal) that would be a taxable benefit. Nilesh would thus - as a higher rate taxpayer - paid 40% tx on those benefits in kind and filled in full details in his tax return. Do you think he did?

If there is a suspicion that he may not have done that then surely young Benjamin is duty bound to report this to HMRC to investigate. Ben FFS think of those operations at Great Ormond Street for poor sickly kiddies that are being cancelled due to lack of funds. Think of our soldiers forced to fight (illegal) wars without decent body armour because of lack of funds. Ben: tax evasion is wrong and if you have even the slightest suspicion you must ask HMRC to investigate Nilesh in full.

Just because I am a nice guy, here is where you go about it.

No need to send me any ouzo in gratitude I am just here to help.

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