PATRICK JOHN RENSHAW, 68, a former lawyer whose frauds contributed to losses suffered by many Upper Hutt investors in the 1990s has pleaded guilty to tax charges. [The NZ Gazette records him as a bankrupt effective 7 April 2014 in a notice from the official assignee].
Renshaw, now a tax advisor, was in the Wellington District Court yesterday (18/8/15) where guilty pleas were entered to 42 charges of aiding and abetting offences, most of them for not paying PAYE tax deductions to the Department of Inland Revenue for employees of his own company.
Other charges related to trying to claim false GST refunds for four companies, and filing a false tax return for himself and one company. He will be sentenced next week.
Inland Revenue produced a chart showing the shortfall in tax paid was $144,968, with another $201,413 attempted.
Renshaw was one of two defrauding partners in the high-profile collapse of Upper Hutt law firm Renshaw Edwards in 1992. [Read more…]