Christopher Lunn & Co facing legal action from clients
Added: (Mon Jan 03 2011)
Pressbox (Press Release) -
Christopher Lunn & Co, the media accountancy firm blacklisted by HM Revenue and Customs, faces legal action from clients whose tax affairs have been left in disarray.
A public meeting is being staged in January to provide the firm’s clients – many of whom freelance within the TV industry – with legal advice on how to
launch a claim to get back their money.
Andy Lynch, from law firm Bark & Co which specialises in criminal, civil fraud and commercial litigation, said: “People need to be aware that there are legal
solutions available to them and we shall be going through these options.
“Affected parties can potentially not only seek to recover professional fees already paid to Christopher Lunn & Co but also any fees they may have to pay to sort out their tax affairs together with any interest or penalties imposed by HMRC. “We can also offer a number of funding options for any potential action.” The meeting is being staged jointly by Bark & Co, tax investigation specialist WLH Tax and Nyman Libson Paul, a respected firm of chartered accountants that specialises in the entertainment industry. All three firms are based in London.
Warren Hyams, of WLH Tax, said: “As well as learning about their legal options, people attending will also be able to get more information about how to make a managed disclosure to HMRC in respect of earlier years tax irregularities by the 28thFebruary deadline.”
The meeting will take place at 7pm on January 13 2011 at Friends House, 173-177 Euston Road, London. People wanting to attend should email email@example.com to reserve a place.
In an email to clients on December 4, Christopher Lunn & Co advised clients that “the HMRC say that they are no longer prepared to deal with us as your
agents for the purposes of your tax affairs.”
The email explained this meant Christopher Lunn & Co was no longer able to file client’s tax returns online. HMRC wrote to all of Christopher Lunn & Co‘s
clients on November 30.
NOTES TO EDITORS:
Bark & Co is a leading firm of criminal and civil fraud lawyers. Bark & Co will discuss the legal options available to recover costs and losses from Christopher Lunn & Co. Any legal action would seek to recover the following costs:
Professional fees for clients who need to make a disclosure to HMRC to regularise their tax affairs.
Late payment interest levied by HMRC.
Any financial penalty imposed by HMRC for incorrect returns previously filed.
Professional fees paid to Christopher Lunn & Co for earlier years Tax Returns and Financial Accounts that are incorrect.
WLH Tax is a leading firm of tax investigation consultants who specialise in making managed disclosures to HMRC. WLH Tax is currently representing a number of Christopher Lunn’s clients in making managed disclosures to HMRC. They will discuss the recurring irregularities discovered and seek to provide the reassurance needed to take matters forward with HMRC before the 28 February deadline.
Nyman Libson Paul is a respected firm of entertainment industry chartered accountants with over 75 years of history and will clarify the filing requirements in light of HMRC’s recent announcement that it will not accept Tax Returns filed by Christopher Lunn & Co.