Case details for ILAS ALI

Name: ILAS ALI

Name: ABERLADY LIMITED

Date of Birth: 10 / 8 / 1958

Date Order Starts: 29 / 4 / 2022

Disqualification Length: 3 Years 6 Month(s)

CRO Number: SC448224

Last Known Address: 25/15 Viewcraig Street,, , , , EDINBURGH,, EH8 9UJ

Conduct: Ilas Ali (“Mr Ali”) caused Aberlady Limited (the “Company”) to trade to the detriment of Her Majesty’s Revenue & Customs (“HMRC”) in respect of Value Added Tax (“VAT”), Pay As You Earn tax (“PAYE”) & National Insurance Contributions (“NIC”) from at least 30 April 2018 until liquidation and a result at liquidation HMRC was owed at least £63,471.64. In that: VAT: The Company filed a VAT return for the period ended 10/17 that declared a liability due to HMRC of £7,134.16. HMRC raised a corresponding surcharge in the sum of £1,070.12. Against these liabilities, the Company paid £4,003.56. At liquidation, the balance of £4,200.72 remained outstanding. The Company filed seven VAT returns for the periods ended 04/18, 07/18, 10/18, 01/19, 04/19, 07/19 & 10/19 that declared a total liability due to HMRC of £39,935.30. In the absence of payment HMRC raised five corresponding surcharges for the periods ended 04/18, 07/18, 10/18, 01/19 & 04/19 in the total sum of £4,337.83. The Company made no payments against these liabilities, which remained outstanding at liquidation. PAYE & NIC: For the tax year 2017/2018 the Company submitted monthly Real Time Information (“RTI”) for months 1 – 12 that declared total net liabilities due to HMRC of £10,703.16. Against this liability, an annual employment allowance of £3,000 was credited and payments totalling £4,733.61 were made. At liquidation, the balance of £2,969.55 remained outstanding. For the tax year 2018/2019 the Company submitted monthly RTI for months 1 – 12 that declared total net liabilities due to HMRC of £11,753.75. Against this liability, an annual employment allowance of £3,000 was credited. No payments were made by the Company. At liquidation, the balance of £8,753.75 remained outstanding. For the tax year 2019/2020 the Company submitted monthly RTI for months 1 – 6 that declared total net liabilities due to HMRC of £5,131.27. Against this liability, an annual employment allowance of £1,856.78 was credited. No payments were made by the Company. At liquidation, the balance of £3,274.49 remained outstanding. Comparative treatment of creditors/apportionment of income: Prepared accounts for the year ended 30 April 2018 show Corporation Tax of £4,154, other taxation and social security of £6,321 and other creditors of £19,167. Between 18 March 2019 and 10 October 2019, when the Company ceased trading, payments totalling £100,346.21 were made from the Company bank account, of which at least £28,069.76 was paid to individuals, £44,233.94 was paid out by cheque, and £NIL was paid to HMRC. At liquidation the submitted claims comprised of (i) HMRC - £68,547.27 and (ii) Bank - £14,644.43. 

This information is correct as at 12 / 4 / 2022



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