Case details for Abul Khasim

Name: Abul Khasim

Name: SHANTII LIMITED

Date of Birth: / /

Date Order Starts: 7 / 4 / 2020

Disqualification Length: 4 Years 0 Month(s)

CRO Number: 05203615

Last Known Address: 218 Scarisbrick New Road,, , , , SOUTHPORT, PR8 5HL

Conduct: From quarter ended 31 August 2016 until quarter ended 28 February 2018, Mr Abdul Khasim (“Mr Khasim”) failed to ensure Shantii Limited (“Shantii”) submitted accurate Value Added Tax (“VAT”) returns which led to under-declared VAT due by Shantii to Her Majesty’s Revenue & Customs (“HMRC”), as a result of which HMRC assessed that £20,176 was due and remained unpaid at liquidation, comprising of £15,085 in respect of VAT and £5,091 in respect of VAT penalties. In that: • On 24 November 2016, 03 February 2017, 24 February 2017 and once more prior to 06 March 2017, HMRC carried out visits to Shantii’s premises and established that cash sales were being under-declared on Shantii’s VAT returns. • On 10 October 2018 representations were made to HMRC advising that it was believed an employee had been stealing from Shantii which was the reason for the under-declaration of VAT, although no evidence of the theft was provided. • HMRC assessed that the amount of VAT that was under-declared during the VAT quarters from quarter ended 31 August 2016 to 28 February 2018 inclusive to be £15,085. Additionally, £5,091 was applied as a penalty. £20,176 remained unpaid at the date of liquidation. • On 10 January 2019 Shantii entered liquidation owing £197,320 to creditors, comprising £114,454 in respect of VAT (inclusive of interest), £51,130 in VAT penalties, £549 in respect of Pay As You Earn taxes, £14,270 to trade creditors and £16,917 with regards to an outstanding directors loan account. 

This information is correct as at 13 / 5 / 2020


Name: Tabaruk Ali

Name: SHANTII LIMITED

Date of Birth: / /

Date Order Starts: 7 / 4 / 2020

Disqualification Length: 7 Years 0 Month(s)

CRO Number: 05203615

Last Known Address: 7 Burlington Avenue, Formby,, , , , LIVERPOOL, L37 8DY

Conduct: From quarter ended 30 November 2005 until quarter ended 28 February 2018, Mr Tabaruk Ali (“Mr Ali”) failed to ensure Shantii Limited (“Shantii”) submitted accurate Value Added Tax (“VAT”) returns which led to under-declared VAT due by Shantii to Her Majesty’s Revenue & Customs (“HMRC”), as a result of which HMRC assessed that £160,493 was due and remained unpaid at liquidation, comprising of £114,454 in respect of VAT (inclusive of interest) and £46,039 in respect of VAT penalties. In that: • On 24 November 2016, 03 February 2017, 24 February 2017 and once more prior to 06 March 2017 HMRC carried out visits to Shantii’s premises and established that cash sales were being under-declared on Shantii’s VAT returns. • On 10 October 2018 representations were made to HMRC advising that it was believed an employee had been stealing from Shantii which was the reason for the under-declaration of VAT, although no evidence of the theft was provided. • HMRC assessed that the amount of VAT that was under-declared during the VAT quarters from quarter ended 30 November 2005 to 28 February 2018 inclusive to be £114,454 (inclusive of interest). Additionally, £46,039 was applied as a penalty. £160,493 remained unpaid at the date of liquidation. • On 10 January 2019 Shantii entered liquidation owing £197,320 to creditors, comprising £114,454 in respect of VAT (inclusive of interest), £51,130 in VAT penalties, £549 in respect of Pay As You Earn taxes, £14,270 to trade creditors and £16,917 with regards to an outstanding directors loan account. 

This information is correct as at 13 / 5 / 2020



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