A company director has been disqualified after not paying over £55,000 in taxes.
Graeme Rogerson, who was sole director of GKTD Limited, an Aberdeen-based oil consultancy business, has been banned from being a director for five years.
The disqualification order was made after Mr Rogerson failed to ensure his company met its financial commitments to HMRC.
Despite not making all the required VAT, Corporation Tax and PAYE payments, Mr Rogerson paid himself £379,697 up to 20 January 2015 according to company accounts. In addition, he also made payments to various other creditors.
However, the company was placed into compulsory liquidation at the request of HMRC in July 2015, with a total of £55,009 owed to taxpayers.
Robert Clarke, Head of Company Investigation at the Insolvency Service, said the ban should serve as a reminded to any directors tempted to try and avoid paying taxes.
"The majority of businesses pay their taxes as required. In this case, not only did the company gain an unfair advantage by not paying its taxes properly, but the director also benefitted personally, taking large amounts of money that could have been used to pay its outstanding tax," he said.
"This ban should serve as a reminder to any directors tempted to do the same: the Insolvency Service will vigorously investigate you and seek to remove you from the marketplace."
(LM/MH)
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CONSTRUCTION DIRECTORY
Construction News
12/04/2017
Company Director Banned For Failing To Pay Over £55,000 In Tax
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