Shepwayvox has discovered another offshore property in Folkestone. For those of you who live in, or visit Folkestone regularly, will know this building.
Yes the Grand; which is NOT A HOTEL, is owned by a German through Hallam Estates Ltd. of which Mr Michael Stainer is only a Director. The Sole Shareholder is Peter Sarstedt
Mr Stainer therefore IS NOT THE OWNER OF THE GRAND FOLKESTONE. He may believe he is, but he is not.
Now Hallam Estates has landed in the courts twice in recent years and if you type these citation –  EWCA Civ 661 &  EWHC 1046 (QB) – into Google the cases will come up and you can have a good read.
Hallam Estates is currently two hundred and twenty three thousand in the red according to Endole.Yet he can afford to pay his legal bills but not his tax bills.
A case against Mr Stainer for non payment of Tax NI etc to his full time employees has been made by HMRC and the Grand raided by HMRC in July 2015 and 3 people were arrested, Mr Stainer and Mrs Stainer being two of the three. However on the 25 Feb 2016 Justice Short in the First Tier Tax Tribunal ruled in a separate case from the tax raid case that Mr Stainer cannot say that a lack of trade does not prevent Appellant from being treated as an employer – carelessness accepted – penalties increased
So Mr Stainer in this case lost and has 56 days to appeal. Now for a man who has no money to pay his employees taxes he sure seems to have enough to pay lawyers, perhaps it might be a good time for Mr Stainer to focus on the important things, that being paying his staff taxes as other companies have to. We will be coming back to Mr Stainer in the next few days/weeks, with more details.