Entatech owner Jason Tsai says a legal battle between his former business Changtel Solutions and HM Revenue & Customs (HMRC) ‘will not affect’ the tech distributor.
HMRC says Changtel over-declared £1.1 million in input VAT in 2012, but the firm denies any VAT is owed, reports CRN.
HMRC won a case at the Court of Appeal but now Tsai wants to take the matter to The Supreme Court.
The news comes after he sold Changtel last year to a private investor, before becoming its only employee. He said the business is dormant and separate from the Enta group of businesses.
PCR contacted Jason Tsai who confirmed the news and said he was happy to be quoted on the issue.
"I’m trying to protect the employees," he said. When I retire the staff will have the company. Some of the senior staff have been at Enta for 22 years and they deserve the company for their achievements – that is my ultimate goal.
"One thing is for sure, no matter whether Changtel wins or loses the court case, it won’t affect the operation of Entatech."
You can read more on the matter in this blog.