Aberdeen oil director banned over £55,000 in unpaid tax
Graeme Rogerson, sole director of GKTD Limited, an oil consultancy based in Aberdeen, has been disqualified from acting as a director for 5 years after failing to pay more than £55,000 in tax.
The Insolvency Service said Rogerson had used company cash to pay himself and some creditors, but not his taxes.
GKTD was was placed into compulsory liquidation at the request of HM Revenue and Customs (HMRC) in July 2015,
Rogerson has now been disqualified from being a director for 5 years.
The disqualification order against Rogerson was made for failing to ensure his company met its financial commitments to HMRC.
Despite not making all the required VAT, Corporation Tax and PAYE payments, Rogerson paid himself £379,697 up to 20 January 2015 according to company accounts.
He also made payments to various other creditors.
On the appointment of the Liquidator, HMRC was the company’s only creditor and was owed £55,009.
Robert Clarke, head of company investigation at the Insolvency Service, said: “The majority of businesses pay their taxes as required. In this case, not only did the company gain an unfair advantage by not paying its taxes properly, but the director also benefitted personally, taking large amounts of money that could have been used to pay its outstanding tax.
“This ban should serve as a reminder to any directors tempted to do the same: the Insolvency Service will vigorously investigate you and seek to remove you from the marketplace.”