An East Kilbride mechanic, who was jailed for a £208,000 tax and National Insurance fraud, has been told to pay up.
An investigation by HM Revenue and Customs (HMRC) revealed that Iain Wilson, 61, from MacKenzie Gardens in East Kilbride, failed to declare his true income. He was suppressing his earnings in his Self Assessment tax returns and evaded £208,912.62 in Income Tax and National Insurance Contributions.
Wilson now faces selling his home after a confiscation hearing at Hamilton Sheriff Court. Originally jailed for 18 months in January, he has been ordered to pay back the money he stole within six months. More than £110,000 in cash seized from Wilson’s home in April 2014 is being used to pay part of the confiscation order.
Joe Hendry, Assistant Director, Fraud Investigation Service, HMRC, said:
“Wilson is already serving a prison sentence but our work doesn’t stop at conviction.
“We will always seek to recover the profits criminals make from tax evasion and secure these funds for our vital public services.
“We encourage anyone with information about tax fraud to contact our Fraud Hotline on 0800 788 887.”