Case details for SIMON BAILIFF



Date of Birth: 28 / 9 / 1981

Date Order Starts: 29 / 10 / 2018

Disqualification Length: 3 Years 6 Month(s)

CRO Number: 08783182


Conduct: Simon Bailiff (“Mr Bailiff”) caused Purple Construction & Management Limited (“PC&M”) to trade to the detriment of Her Majesty’s Revenue & Customs (“HMRC”) in respect of Pay As You Earn (“PAYE”) and Construction Industry Scheme (“CIS”) from 22 February 2015 (when the January 2015 period fell due for payment) and in respect of Value Added Tax (“VAT”) from 07 June 2016 (when the quarter ending April 2016 fell due for payment), until the date of liquidation 28 July 2017. CIS

  • According to HMRC’s records, the company’s CIS history began in April 2014. As at 22 February 2015, the balance on the company’s CIS account was £2,045.57 in credit.
  • Between 22 February and the end of tax year 2014/15 the company’s CIS balance had increased to £10,835.25 in credit.
  • CIS liabilities were incurred from April 2015 until July 2017 totalled £61,265.55, against which credits of £13,029.80 were made;
  • During the entire period of trade, PC&M made one payment of £1,515 in respect of CIS which HMRC allocated to April 2017.
  • The net CIS debt incurred in the period was therefore £46,720.75, bringing the balance owing to £35,885.50.
  • The POD from HMRC claims £49,905.43 in CIS for years 2015/16 to 2017/18, but ignores the credit balance from tax year 2014/15. PAYE/NIC
  • PM&C submitted monthly RTI-returns to HMRC for 31 consecutive tax months from January 2015 until July 2017 disclosing liabilities totalling £33,506.33;
  • Against this, several allowances were applied totalling £5,000.
  • No payments were made in respect of PAYE/ NIC in this period.
  • As a result £28,506.33 was outstanding at the date of liquidation in respect of PAYE/NIC.
  • The POD from HMRC claims £24,935.44. VAT
  • PC&M submitted 11 VAT returns to HMRC from VAT quarter ended 07/14 to 04/17 disclosing a VAT liability of £107,629.63 (including surcharges);
  • During this period, PC&M made eight payments to HMRC totalling £34,497.76;
  • At the date of liquidation, liabilities totalled £82,349.51 of which £72,980.51 fell due for payment prior to the date of Liquidation. Differential Treatment
  • PC&M did not operate its own business bank account, but utilised a 3rd party bank account. Bank account statements were obtained from the Liquidator covering a period from 01 April 2015 until Liquidation. An analysis of the outgoing transactions show that during this period £879,575 was expended from the account to various recipients of which £3,515 was paid to HMRC.
  • End of year accounts for 30 November 2015 are available and show the following changes when compared to the current creditor position: Creditor type 30/11/2015 At Liquidation – 28/7/17 Trade 3,597 28,596 Bank 7,054 Nil Other 1,200 Nil Taxes Corporation tax 4,736 2,800 Other Tax 1,218 160,423 

    This information is correct as at 15 / 10 / 2018

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