Case details for John O'Neill

Name: John O'Neill

Name: MWL&S LIMITED

Date of Birth: 5 / 2 / 1982

Date Order Starts: 3 / 12 / 2024

Disqualification Length: 3 years Years 5 months Month(s)

CRO Number: 09603251

Last Known Address: Delabole, Lower Way,, , , , RUGELEY,, WS15 1QQ

Conduct: Mr John O’Neill (“Mr O’Neill”) caused MWL&S Limited (“MWL&S”) to trade to the detriment of HM Revenue and Customs (“HMRC”) in respect of Value added Tax (“VAT”) from 07 October 2021; Pay as You Earn (“PAYE”) from 22 July 2021 and Corporation Tax (“CT”) from 30 January 2020 until liquidation, in that: • Mr O’Neill was a director of MWL&S from 21 May 2015 until liquidation 11 May 2023. Value Added Tax (“VAT”) • MWL&S fell into arrears in respect of paying VAT from 07 July 2020, when payment for quarter period ended May 2020 in the sum of £230,054 fell due. • MWL&S submitted five VAT returns covering quarter end periods May 2020 through to May 2021 totalling liabilities of £635,926 and made payments of £419,841. • MWL&S submitted four VAT returns between Aug 2021 and May 2022, totalling £168,149. No payments were made in respect of these returns. • HMRC raised assessments of £34,557 and £21,200 for the VAT quarter periods ending November 2022 and February 2023 respectively. • HMRC applied penalties of £25,818 in surcharges and interest for failure to pay. • HMRC raised an assessment of £9,857 for the VAT quarter period ending May 2023 which fell due on 07 July 2023, as the payment fell due after liquidation, the Insolvency Service is not criticising this liability. • At liquidation, MWL&S owed £475,669 in respect of VAT. Pay as You Earn (“PAYE”) • MWL&S fell into arrears in respect of PAYE from 22 June 2020 when a return of £4,573 for the period between 06 May 2020 to 05 June 2020 was not paid. • MWL&S made returns in respect of PAYE between July 2020 to June 2021 for £90,036. MWL&S made late payments of £76,245. • Between July 2021 and June 2022 MWL&S made PAYE returns of £37,647. MWL&S made payments totalling £500 against these liabilities. • At liquidation MWL&S had outstanding liabilities of £50,938 in respect of PAYE which remain unpaid. Corporation Tax (“CT”) • At liquidation MWL&S had a CT liability including penalties and interest totalling £41,933, comprising of £13,360 for accounting period ending 30 April 2019 and £24,633 for accounting period ending 30 April 2020. • MWL&S made one payment of £2,989 in respect of CT which HMRC applied to earlier debts. • HMRC applied penalties in the total sum of £3,938. • MWL&S failed to file accounts for accounting period to 30 April 2021. • At liquidation MWL&S had outstanding liabilities of £41,933 in respect of CT which remain unpaid. Differential Treatment • From the last set of filed accounts for year period to 30 April 2020 to the date of liquidation the liabilities to HMRC increased by £288,416 from £280,148 to £568,564, whilst liabilities to other creditors increased by £59,325 from £57,326 to £116,651. • Analysis of MWL&S company bank account between 01 May 2020 to liquidation shows payments out of the account totalling £4,105,555, of which £535,264 was in respect of liabilities due to HMRC comprising the payments detailed above plus £36,142 which was allocated by HMRC to PAYE due prior to May 2020. 

This information is correct as at 12 / 11 / 2024



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