Case details for Matthew LUTOSTANSKI

Name: Matthew LUTOSTANSKI

Name: BEAUTY PLANET SALON CREATION LTD

Date of Birth: 22 / 7 / 1945

Date Order Starts: 10 / 10 / 2018

Disqualification Length: 3 Years 6 Month(s)

CRO Number: 08671440

Last Known Address: 15 Seaton Close, , , , LONDON, SW15 3TJ

Conduct: Since at least April 2015 until 14 November 2016, the date of liquidation, Matthew Lutostanski (“Mr Lutostanski”) has caused Beauty Planet Salon Creation Ltd (hereafter called Beauty Planet) to trade to the detriment of HM Revenue and Customs (hereinafter referred to as HMRC) by failing to ensure that Beauty Planet submitted returns and made payments as required for VAT and PAYE/NIC, so that as at liquidation, Beauty Planet had an outstanding liability of at least £96,818.48 in respect of VAT and £40,523.55 in respect of PAYE/NIC. PAYE/NIC and Corporation Taxes

  • For the year 2014/15 there is an outstanding PAYE NIC liability of £4,393.39;
  • No payments were made or allocated to PAYE NIC for the 2014/15 tax period;
  • For the year 2015/2016 an outstanding PAYE NIC liability of £19,274.99 remained;
  • The company made 4 cleared payments totalling £12,000, detailed below, which were allocated to the PAYE NIC 2015/16 tax period; o 08 June 2016 - £3,000.00 o 08 July 2016 - £3,000.00 o 08 August 2016 - £3,000.00 o 08 September 2016 - £3,000.00
  • A further direct debit payment of £3,000.00 was made on 10 October 2016. The payment was returned unpaid.
  • For the year 2016/17 there is an outstanding PAYE NIC liability of £16,855.17
  • No payments were made or allocated to PAYE NIC for the 2016/17 tax period
  • The last cleared payment received by HMRC was £3,000 on 08 September 2016 in respect of PAYE/NIC
  • As at the date of liquidation, liabilities for PAYE NIC totalled £40,523.55 VAT
  • The company was registered for VAT on 01 February 2014. The return for period 03/14 was due for submission and payment on 07 May 2014.
  • A VAT assessment for the period 03/14 was raised and withdrawn. A nil return was submitted late on 12 June 2014
  • HMRC received a refund claim totalling £1,260.25 for the 06/14 period. The refund was paid on 04 August 2014
  • A nil return was filed on time for the 09/14 period.
  • Due to non submission, assessments totalling £283.00 were raised and withdrawn for the 12/14 and 03/15 periods. A late return totalling £98.19 for the 03/15 period was submitted on 03 June 2015.
  • An assessment for the 04/15 period totalling £31.00 was raised and withdrawn. The return for the period 04/15 totalling £6,666.83 was subsequently submitted for the 04/15 period on 14 July /2015. A payment of £28.00 was made on 28 August 2015, clearing the liability for 03/15 in full and making partial payment towards 04/15. Leaving a balance of £6,637.02
  • No returns or assessments were submitted or applied to the ledger for the periods 07/15 and 10/15 when they became due. A single assessment and surcharge totalling £67,679.04 and covering these periods period were raised and withdrawn for the 01/16 period. A late return totalling £63,638.90 was submitted on 29 March 2016. Surcharges for late submission of £1,272.77 were applied. No payments were made.
  • An assessment and surcharge totalling £20,693.40 were raised for the 04/16 period. Following the submission of a return totalling £11,779.23, submitted on 22 June 2016, this assessment was withdrawn. Surcharges for late submission of the return for £588.96 were applied. No payments were made
  • HMRC received a claim for refund totalling £818.40 for the 07/16 period. Refund of £818.40 was off-set against a liability outstanding for the 04/15 period making the amount due in respect of VAT £83,098.48.
  • Assessments totalling £13,720.00 were raised for the 10/16 and 01/17 period. No payments were made towards these periods.
  • The only payment to HMRC was £128.00 on 28 August 2015.
  • As of the date of liquidation the outstanding VAT liability was £96,818.48 Comparative Treatment Bank accounts numbered 53867048 and 23373754 showed:-
  • Between the period 01 April 2015 to 10 May 2017, excluding contra credits, statements show a total of £1,267,733.43 was paid out of bank account 53867048
  • Between the period 15 February 2016 to 18 May 2017, excluding contra credits, statements show that £295,799.78 in total was paid out of bank account 23373754;
  • £1,154,381.23 was paid out in respect of trade expenses including charges and fees;
  • Intra company account transfer payments totalled £273,222.34;
  • All other transfers totalled £4,829.80;
  • Cash withdrawals totalled £21,607.74;
  • Cheques payments from the account totalled £776.00;
  • Payments made to or for the benefit of Matthew Lutostanski totalled £96,588.10
  • HMRC received £12,128.00 (£128.00 in respect of VAT, £12,000.00 in respect of PAYE/NIC) out of bank account 53867048;
  • No payments were made to HMRC from account 23373754 

    This information is correct as at 1 / 10 / 2018



    If you believe this page contains any errors, please email civil.proceedings.team@insolvency.gsi.gov.uk with details of the error that you have found.

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