Former BHS owner Dominic Chappell arrested in HMRC probe

Added 14th November 2016

Dominic Chappell, the former owner of the collapsed UK department store BHS, has been arrested as part of an investigation by HM Revenue & Customs into the tax affairs of his company Swiss Rock.

Former BHS owner Dominic Chappell arrested in HMRC probe

Chappell is understood to have been arrested at his home near Blandford Forum, Dorset, early on the morning of November 2, according to the Sunday Times.

HMRC confirmed that it had arrested a “49-year-old businessman”, the paper said.

The UK tax office is also believed to have raided an office near by belonging to Chappell.

Chappell bought two yachts, a Bentley and several Range Rovers during his time at BHS.

The closure of all of BHS’s stores after it went into administration left a £571m ($748m, €681m) pension deficit.

Earlier this month, the UK’s Pensions Regulator (TPR) launched enforcement actions against Chappell, and previous BHS owner Philip Green, aimed at seeking redress for 20,000 pension scheme members.

Visitor's Comments Add your comment

Add Your Comment

We won't publish your address

About Author

Mark Battersby

Editor, International Adviser

International Adviser

Mark Battersby is editor of International Adviser. He is also programme director for International Adviser events in strategic expat locations around the world, and its flagship FundLinks conference in London. Mark joined Last Word Media in February 2012, having previously worked at Citywire, Interactive Investor International, and FT Business.

Features

Critical illness cover the next big opportunity for advisers

Critical illness cover the next big opportunity...Lock icon

Imagine your client owned a goose that laid a golden egg every month, says Chris Bagnall, chief underwriting officer and head of claims at Zurich International Life.

Analysis

Profiles

Directories

Canada Life International Limited
Canada Life International...

Canada Life International Canada Life House,...

Tweets

Events

IA International Portfolio Bond Forum Leeds 2017
IA International Portfolio Bond Forum Leeds 2017

Thursday 27 April
Thorpe Park Hotel, Leeds

IA Best Practice Adviser Awards UK 2017
IA Best Practice Adviser Awards UK 2017

3 May 2017
Waldorf Hilton, London

IA Product & Service Awards 2017
IA Product & Service Awards 2017

Wednesday 3 May 2017
The Waldorf Hilton, London 

IA International Portfolio Bond and Financial Planning Forum 2017

Sponsored Content

Investment Strategy

OTHER STORIES FROM LAST WORD...