A company boss and his wife, who funded their lavish lifestyle through a £194,280 tax fraud, have been sentenced.

Shezaad Karim, from Leicester, deliberately hid company sales, lied about his income to evade paying VAT and Income Tax, and stashed the proceeds in a secret deposit box, an HMRC investigation revealed.

Mr Karim, the director of MAK Digital (AA) Ltd which traded in electronics and mobile phone accessories, and wife Sabina Karim, used the stolen cash to fund several luxury holidays, home improvements, cars including a Land Rover and Mercedes and £16,000 worth of gold jewellery.

Richard Paris, assi...