
A £15 million confiscation order has been imposed on a school run company based in Bracknell.
The follows a six year jail term being given in October 2022 to David Park, the 73-year-old Director of the firm, who used stolen taxes to help buy a £3.8 million mansion in rural Berkshire.
The company was providing home-to-school taxi services for Wokingham and Bracknell Forest councils.
Park invoiced two councils for £777,000 in VAT for the taxi services provided, with more than £697,000 being paid by Bracknell Forest and £79,000 by Wokingham Borough. However he failed to pay the tax to HMRC and kept the money.
Park was arrested on 24 November 2016 and he and his company were both charged with two counts of cheating the public revenue and one of transferring criminal property.
They both denied the charges but were found guilty on all counts after a trial at Reading Crown Court in 2022
The 'tax cheat" was sentenced to six years in prison, following an investigation by HM Revenue and Customs (HMRC). He was also disqualified from being a company director for seven years.
At the time HMRC said they would seek to recover the money that he stole which they said had robbed our vital public services of much-needed funds.
At Reading Crown Court a confiscation order of £1,514,056.71 was imposed which the firm must now pay within three months.
Louise MacDonald, HMRC’s Deputy Director for Economic Crime said: “Our work doesn’t stop at conviction – we always look to recover the proceeds of crime, money that should have been used to fund our public services.
“We encourage anyone with information about tax fraud to report it online to HMRC on GOV.UK.”

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