An academy trust boss has stepped down after a government investigation found payments totalling £145,006 were made to a company he owned without tax or national insurance deductions.
An Education and Skills Funding Agency investigation published this week revealed that Education for the 21st Century trust failed to make the deductions on payments totalling £145,006 to a firm owned by chief executive Paul Murphy.
The payments, for his services as CEO, ran from 2014 and were paid on top of Murphy’s salary as a headteacher. The transactions were not declared in the trust’s 2015-16 accounts.
Trust failed to deduct tax from £145k payments to CEO’s company
If you liked this post please share it:
Follow Us:
