Suffolk accountancy firm at centre of tax rebate scandal to shut down
Stowmarket-based Apostle Accounting has gone into liquidation
Last updated 24th Oct 2023
A Stowmarket accountancy firm at the centre of scandal involving tax rebates is closing down.
Apostle Accounting has posted a notice in official public record the London Gazette, announcing it has appointed a liquidator.
The company previously offered a service where customers could get a rebate from HMRC through claiming for work expenses.
Apostle would charge a fee of roughly 20%, plus interest, for its work.
However, hundreds of former Apostle clients have since received letters from HMRC telling them to repay money claimed by the firm.
Figures seen by Greatest Hits Radio earlier this year showed over 730 people have come forward saying they used Apostle's services, with around half receiving demand for repayment.
A regional crime squad called The East Region Special Operations Unit (ERSOU) has been looking into allegations of fraud after an investigation was previously launched by Suffolk Police.
Apostle has always denied any wrongdoing and claims problems have arisen because of mistakes at HMRC.
The company says it cannot comment further on the administration process.