Case details for Lee Edward Lummis

Name: Lee Edward Lummis

Name: AVACADE LIMITED

Date of Birth: 5 / 8 / 1984

Date Order Starts: 17 / 9 / 2021

Disqualification Length: 6 Years 0 Month(s)

CRO Number: 07139275

Last Known Address: ADDRESS WITHHELD, , , , ,

Conduct: In the knowledge that Avacade had been accepted into a Representative Sample Arrangement by HMRC in respect of previous tax planning schemes, the outcome of which had not been resolved and would potentially result in an HMRC liability, and that Avacade had ceased trading, Lee Lummis caused Avacade to enter into transactions totalling £1,504,566 between 01 August 2014 and the date of liquidation which were at the risk of HMRC and to the benefit of Lee Lummis and his co-director: • On or after 01 August 2014 Lee Lummis received £75,133 from the proceeds of the sale of Avacade’s client database (with the same amount being received by his co-director), which reduced the amount Avacade owed to Lee Lummis through his Director’s Loan Account; the main credits to the Loan Account having accrued from the treatment of wages and salaries within a tax planning scheme which had been disclosed by the promotor to HMRC under the Disclosure of Tax Avoidance Schemes regime. • Between 01 August 2014 and 20 May 2015 Lee Lummis received transfers totalling £647,000 (with the same amount being transferred to his co-director) from a combination of credit balances available in the company’s bank accounts as at close of business on 31 July 2014 and receipts into the company’s bank account from 1 August 2014 onwards, which together totalled £1,677,311, which reduced the amount Avacade owed to Lee Lummis through his Director’s Loan Account. • On 13 August 2015 Lee Lummis and his co-director jointly received the benefit of the assignment of land in Brazil by a former director of Avacade, in settlement of a claim against him by Avacade. Lee Lummis and his co-director gave no consideration to Avacade in respect of this assignment. The land in Brazil had an estimated value of £60,300. • Between 06 November 2015 and 15 March 2018 HMRC issued Regulation 80 Determinations and Section 8 Notices to Avacade in respect of the tax years 2011/12 to 2014/15 inclusive totalling £10,183,926. 

This information is correct as at 23 / 9 / 2021


Name: Craig Stanley Lummis

Name: AVACADE LIMITED

Date of Birth: 20 / 9 / 1959

Date Order Starts: 17 / 9 / 2021

Disqualification Length: 6 Years 0 Month(s)

CRO Number: 07139275

Last Known Address: ADDRESS WITHHELD, , , , ,

Conduct: In the knowledge that Avacade had been accepted into a Representative Sample Arrangement by HMRC in respect of previous tax planning schemes, the outcome of which had not been resolved and would potentially result in an HMRC liability, and that Avacade had ceased trading, Craig Lummis caused Avacade to enter into transactions totalling £1,504,566 between 01 August 2014 and the date of liquidation which were at the risk of HMRC and to the benefit of Craig Lummis and his co-director: • On or after 01 August 2014 Craig Lummis received £75,133 from the proceeds of the sale of Avacade’s client database (with the same amount being received by his co-director), which reduced the amount Avacade owed to Craig Lummis through his Director’s Loan Account; the main credits to the loan account having accrued from the treatment of wages and salaries within a tax planning scheme which had been disclosed by the promoter to HMRC under the Disclosure of Tax Planning Avoidance Schemes regime. • Between 01 August 2014 and 20 May 2015 Craig Lummis received transfers totalling £647,000 (with the same amount being transferred to his co-director) from a combination of the credit balances available in the company’s bank accounts as at the close of business on 31 July 2014 and receipts into the company’s bank account from 1 August 2014 onwards which together totalled £1,677,311 which reduced the amount Avacade owed to Craig Lummis through his Director’s Loan Account. • On 13 August 2015 Craig Lummis and his co-director jointly received the benefit of the assignment of land in Brazil by a former director of Avacade, in settlement of a claim against him by Avacade. Craig Lummis and his co-director gave no consideration to Avacade in respect of this assignment. The land in Brazil had an estimated value of £60,300. • Between 06 November 2015 and 15 March 2018 HMRC issued Regulation 80 Determinations and Section 8 Notices to Avacade in respect of the tax years 2011/12 to 2014/15 inclusive totalling £10,183,926. 

This information is correct as at 23 / 9 / 2021



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