Case details for ABDUL ASHIK CHOUDHURY

Name: ABDUL ASHIK CHOUDHURY

Name: GOLDVIEW TRADING LIMITED

Date of Birth: 14 / 4 / 1957

Date Order Starts: 8 / 1 / 2019

Disqualification Length: 3 Years 0 Month(s)

CRO Number: 08054786

Last Known Address: 64 Marlings Park Avenue, , , , CHISLEHURST, BR7 6RD

Conduct: Between at least 07 July 2015 and 02 August 2016, Abdul Ashik Choudhury (“Mr Choudhury”) caused Goldview Trading Limited (“Goldview”) to trade to the detriment of H M Revenue and Customs (HMRC) in the sum of £78,624, in that: Value Added Tax (“VAT”)

  • Goldview submitted VAT returns for all periods from quarter ended 05/13 to quarter ended 02/15 totalling £85,771 and made 91 weekly payments against the liabilities totalling £79,200.
  • HMRC imposed penalty charges and interest for quarter periods ended 05/13 through to 02/15 of £11,122.
  • At 07 July 2015 when the next VAT return and payment for quarter period ended 05/15 fell due, Goldview had outstanding liabilities of £17,693 owing to HMRC in respect of VAT due for earlier periods.
  • Goldview submitted VAT returns for the quarter periods from quarter period ended 05/15 to quarter ended 02/16 totalling £43,488 and made 48 weekly payments totalling £16,109.
  • HMRC imposed penalty charges and interest for quarter periods ended 05/15 through to 02/16 of £4,812.
  • HMRC raised an assessment for quarter ended 05/16 totalling £13,026 including interest and penalty charges.
  • The payments made by Goldview were insufficient to clear the sums owed for all quarters between 05/15 and 02/16 with the exception of the quarter ended 11/15, wherein the liabilities to HMRC totalling £39,814 were reduced by £1,300 to £38,514.
  • The lower payments were not part of a sanctioned HMRC agreed Time to Pay plan.
  • The liability to HMRC in respect of VAT increased from £17,693 outstanding at 07 July 2015 to a liability at liquidation of £62,910. Pay as You Earn/ National Insurance Contributions (“PAYE/NIC”):
  • Goldview failed to submit Real Time Information (RTI) returns in respect of monthly periods commencing 05 December 2013, due for payment by 22 January 2014, through to month commencing 05 March 2014, due for payment by 22 April 2014; HMRC raised specified charges showing PAYE/NIC liabilities due of £3. The company subsequently submitted an electronic end of year P35 return on 27 June 2014 showing the liability for the year to be £4,955.
  • Goldview failed to submit monthly RTI returns for April 2014 through to March 2015; HMRC raised Specified Charges showing £1,157 due. The company subsequently submitted an electronic end of year P35 return on 08 June 2015 showing £5,394 due.
  • Goldview submitted monthly RTI returns for April 2015 through to March 2016 showing £9,996 due. The company subsequently submitted an electronic end of year P35 return on 15 April 2016 showing the total for the year as £9,983 due.
  • No payments were made to HMRC by Goldview in respect of PAYE/NIC for any of the periods.
  • Between monthly return July 2015 due for payment 22 August 2015 and March 2016, Goldview submitted monthly returns showing £8,688 due.
  • HMRC raised an assessment for the first four months of year 16/17 of £6,807 and penalties and interest charges of £219.
  • At the date of liquidation, according to the company records Goldview had an outstanding liability in respect of PAYE/NIC totalling £27,358, of which £15,714 (8,688 + 6,807 + 219) is the amount incurred during the allegation period.
  • HMRC have subsequently submitted an updated Proof of Debt showing the liability due to be £23,709. Comparative treatment
  • At the date of the liquidation, Goldview had an outstanding liability to HMRC of £95,048 whilst other creditors totalled £23,270.
  • Between 22 January 2014 and liquidation, the company made payments from its bank account of £809,614 of which £78,609 was paid to HMRC. Between 07 July 2013 and the date of the winding up order, 07 March 2016, Abdul Ashik Choudhury (“Mr Choudhury”) caused Montecarlo House Limited (“Montecarlo”) to trade to the detriment of H M Revenue and Customs (“HMRC”) in the sum of £118,412, in that: Value Added Tax (VAT)
  • Montecarlo submitted VAT returns for all periods from quarter ended 08/12 to quarter ended 02/13 showing a total VAT liability of £26,182.
  • Montecarlo made regular weekly payments against the liability and at 07 July 2013 had cleared the outstanding VAT due up to quarter period ended 02/13 and had a credit against the next quarter of £728.
  • Between quarter periods ended 05/13 and 11/15 Montecarlo submitted all the required VAT returns totalling £118,900 and HMRC imposed interest and penalty charges of £16,013.
  • Montecarlo continued to make 129 regular weekly payments of varying sums totalling £32,140 between 07 July 2013 and 18 January 2016.
  • However the payments made were insufficient to clear the sums owed for all quarters between quarter ended 05/13 and quarter ended 11/15.
  • The lower payments were not part of an HMRC sanctioned Time to Pay plan.
  • The total liability to HMRC in respect of VAT outstanding as at 07 March 2016, the date of the winding up order, was £102,045. Pay as You Earn/ National Insurance Contributions (“PAYE/NIC”):
  • Montecarlo submitted RTI returns in respect of PAYE and NIC for months April 2014 to March 2015 showing total liability due of £7,335; Montecarlo made 30 regular weekly payments of £10 towards the liability and HMRC gave a standard £2,000 allowance for online submissions and imposed a late filing £100 penalty leaving £5,135 outstanding at the date of the winding up order.
  • Montecarlo submitted RTI returns for the months April 2015 through to December 2016 showing a liability due of £13,606, HMRC credited a standard £2000 for online submissions, Montecarlo made no payment to HMRC in respect of 2015/2016 PAYE/NIC leaving £11,606 outstanding at the date of the winding up order.
  • At the date of the winding up order, Montecarlo’s records show an outstanding liability in respect of PAYE/NIC of £16,741, HMRC have subsequently submitted a Proof of Debt in which they claim £16,367 as the outstanding liability in respect of PAYE/NIC. This amount remains unpaid. Comparative treatment
  • At the date of the winding up order, Montecarlo had an outstanding liability to HMRC of £118,412 whilst the other creditors of the company totalled £37,781.
  • Between 07 July 2013 and the date of the winding up order, the company made payments from it’s bank account of £503,542 of which £39,260 was paid to HMRC. 

    This information is correct as at 18 / 12 / 2018



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