Case details for Stuart KANE

Name: Stuart KANE

Name: BOOZE BOOZE BOOZE LIMITED

Date of Birth: 15 / 10 / 1982

Date Order Starts: 30 / 6 / 2021

Disqualification Length: 8 Years 0 Month(s)

CRO Number: 08541405

Last Known Address: 21 Leamington Road,, , , , BLACKPOOL,, FY1 4HD

Conduct: Stuart Kane (“Mr Kane”) caused or allowed Booze Booze Booze Limited (“BBB”) to fail in its statutory obligations to declare all sales and to submit accurate Value Added Tax (“VAT”) returns to HM Revenue and Customs (“HMRC”) from the quarter ending September 2013 to the quarter ending June 2016 inclusive, as a result of which BBB traded to the detriment of HMRC. In particular; • For the quarters ending September 2013 to June 2016 inclusive, BBB submitted VAT returns to HMRC which reported VAT liabilities totalling £14,435. In the same period, BBB submitted VAT returns to HMRC which reported VAT reclaims totalling £21,713. • In December 2015 HMRC began an investigation into BBB’s reported VAT reclaims; this investigation demonstrated that BBB underdeclared it’s sales and VAT liabilities in two ways. • Between July 2013 and December 2015, BBB produced two Z-reports from the till each day, the first of which was used to declare sales and calculate BBB’s VAT liabilities, and the second of which recorded sales which were not declared. • On 15 September 2016 HMRC officers seized a cashbook from the trading premises of BBB. The cashbook recorded ‘day’ and ‘night’ sales. The ‘day’ sales corresponded with the declared Z-reports. The ‘night’ sales corresponded with the undeclared Z-reports. • Following the commencement of HMRC’s investigation, between December 2015 and September 2016 BBB produced a single daily Z-report, and the ‘refund’ function of the businesses till was used to remove sales from the daily Z-report. • In a letter dated 27 June 2017, HMRC raised assessments for BBB’s undeclared VAT liabilities totalling £89,326 for all quarters ending September 2013 to June 2016 inclusive. • HMRC revised BBB’s profits in line with the undeclared sales; consequently, HMRC raised assessments for BBB’s Corporation Tax (“CT”) liabilities for the years ending 31 March 2014, 2015 and 2016, totalling £102,125. • HMRC submitted a final claim in the liquidation of BBB for £254,895, of which £102,125 is claimed in respect of unpaid CT, £91,736 is claimed in respect of unpaid VAT, including surcharges and interest, and £51,062 is claimed in respect of penalties. The entirety of HMRC’s claim remains unpaid. 

This information is correct as at 15 / 7 / 2021



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