Company secretary given five-year ban for suppressing takings

22 December 2017 by
Company secretary given five-year ban for suppressing takings

A company secretary, who was working informally as a director of a takeaway in East London, has been disqualified for five years.

Mr Safiullah Alam of AGF Cuisine was disqualified on 15 December 2017 following an investigation by the Insolvency Service and HMRC, which found suppression of takings and identified sales from debit and credit card takings that had been omitted from submitted VAT returns.

In total, HMRC raised assessments of £54,829 and a calculated a penalty of £26,536, deeming that the actions were deliberate.

The company owed in excess of £187,000 to HMRC in relation to arrears of VAT, PAYE and National Insurance Contributions, Corporation Tax and penalties at liquidation.

Lawrence Zussman, deputy head of investigations for the Insolvency Service said: "Much of the public service is funded by the correct amount of taxes being paid. By not declaring and paying the correct amount of taxes, the public has been deprived from receiving the services it deserves from the public sector.

"The Insolvency Service will not hesitate to take action against directors so they cannot abuse limited liability provided by trading through a company."

Staffordshire restaurant owner jailed for £90,000 tax fraud >>

Restaurant director banned for three and a half years for failing to pay VAT >>

Director disqualified for employing illegal workers >>

Videos from The Caterer archives

Are you looking for a new role? See all the current hospitality vacancies available with The Caterer Jobs

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking