Case details for Zhang A.KA. Zhang Ling & lLing Zhang Zhang Lin

Name: Zhang A.KA. Zhang Ling & lLing Zhang Zhang Lin


Date of Birth: 4 / 4 / 1985

Date Order Starts: 1 / 11 / 2022

Disqualification Length: 6 Years 0 Month(s)

CRO Number: 10172420

Last Known Address: 189 Watson Street,, , , , DERBY,, DE1 3SP

Conduct: Zhang Lin (“Mr Lin”) failed to ensure that Binjet Limited (“Binjet”) registered for VAT in compliance with its statutory obligations and make the requisite payments to HM Revenue and Customs (“HMRC”). As a result HMRC issued assessments in the amount of £119,491.15 in relation to VAT, comprising of £94,834.24 in VAT due and £24,656.91 in penalties. This liability has resulted from the general trade of the business between 10 May 2016 and 24 May 2018. Since Binjet’s Incorporation on 10 May 2016, the Company never registered for VAT. Professionally prepared unaudited accounts show turnover of; Period ending 31 May 2017 – £77,684 Period ending 31 May 2018 – £81,524 Period ending 20 December 2018 – £43,691 HMRC investigations established turnover during those periods was significantly higher during the periods ending 31 May 2017 and 31 May 2018 than is stated in the accounts, surpassing the VAT thresholds. Assessment undertaken by HMRC On 30 April 2021, the Assessment conducted by HMRC states that during the period 10 May 2016 to 24 May 2018 the Company sales totalled £669,418.17 resulting in a VAT liability of £94,834.25. Total sales are made up of the following; Merchant Acquirer - £49,068.03 Online food provider - £604,022.87 Cash Sales - £16,327.27 Omissions within Statutory Filed Accounts During the following periods HMRC’s investigations have shown the following turnover for the periods; Period ending 31 May 2017 - £281,054.07 Period Ending 31 May 2018 - £388,364.11 There has been a significant omission of sales within the filed accounts Enquires have established that £604,022.87 in Just Eat sales, less commission, were paid into a personal account held by Mr Lin Due to this omission the Company has a liability of £94,834.24 due to HMRC in relation to VAT, not including penalties 

This information is correct as at 12 / 10 / 2022

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