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Six year company running ban for ex-Payroll firm boss
7:00am Tuesday 3rd September 2013 in News
A PAYROLL firm’s director has been banned from running companies for six years after avoiding paying nearly £6million tax.
Jonathan Shawyer was handed the disqualification by the Insolvency Service following their investigation into operations at Sigma Payroll Services, formerly based in Hubert Road, Brentwood.
The 45-year-old of Brickenden, Hertfordshire, can now not operate as a director for any company until August 2019 at the earliest.
Investigators found Shawyer allowed the firm which went into liquidation in June 2010 to declare less VAT to Her Majesty’s Revenue and Customs than it owed.
Figures showed between April 2009 and March 2010, Sigma paid £497,341 VAT, about £5,920,648 less than it should have.
Chief examiner Mark Bruce said although justice had taken a little while to arrive, a strong message had been put out to other potential tax fraudsters.
Mr Bruce said: “When companies submit incorrect tax returns on time and pay the amounts due immediately, it may take some considerable time for the tax authorities to discover what is really due. This was such a case where nearly £6m in tax was undeclared.
“Such behaviour introduces unfair competition in the market and robs hardworking taxpayers of resources needed to run public services.
“The Insolvency Service rightly takes such blatant abuse of the tax regime seriously and worthy of a significant disqualification period.”