Owner of failed Nicholson’s Transport receives suspended jail sentence for VAT fraud


David Nicholson, former owner of Nicholson’s Transport, which went under in June last year, has been found guilty of fraudulently evading payment of over £130,000 of VAT and given a 22-month suspended prison sentence. Durham Crown Court heard that a routine HMRC investigation in October 2018 found that company accountant James Sobotowski had adjusted five figures for quarterly VAT returns by £132,000, at Nicholson’s behest. Nicholson said he asked his accountant to adjust the payment after realising the company could […]