MISS MICHELLE NORRIS

Disqualified from

2020-04-28

Date of birth on record

April 1973

Ms Michelle Norris (Ms Norris) failed to ensure Renew Design & Marketing Ltd complied with its statutory obligations to submit adequate returns and payments to HM Revenue & Customs (HMRC) causing the company to trade to the detriment of HMRC from at least December 2015 until 31 March 2018 when the company ceased trading. VAT • At formation Renew Design & Marketing Ltd was registered with HMRC to pay VAT under reference 188 5827 47. • Ms Norris was aware of her responsibility to submit VAT returns on a quarterly basis. During an interview on 31 July 2019 she stated: ‘I am aware I have a statutory duty to complete VAT returns & make payments based on those returns.’ ‘I was supposed to provide the accountant with all my invoices & receipts to enable him to prepare my VAT returns, but this didn’t happen due to a time point of view and I was always behind.’ • Between December 2015 and the end of trading in March 2018 no VAT returns were submitted and as a result HMRC raised assessments totalling £13,348 plus surcharges of £1,839. No payments were made. PAYE • Between June 2015 and the end of trading in March 2018 Income Tax (PAYE) of £19,969 was deducted by the company from the emoluments of employees. £1,735 of this was paid over to HMRC leaving £18,235 unpaid. Interest of £1,452 was also charged. NIC • Class 1 National Insurance Contributions of £38,100 were deducted by the company from the emoluments of employees between June 2015 and March 2018. £9,591 was paid over to HMRC leaving £28,509 unpaid. Interest of £1,757 was also charged. • Class 1A National Insurance Contributions of £182 were due on taxable benefits between April 2017 and April 2018. This was not paid and interest of £4 was also charged. Different Treatment of HMRC to Other Creditors • The last set of accounts produced are for year end 31 March 2017. These show the differing treatment of HMRC and other creditors by Ms Norris. • Between 31/03/16 and liquidation on 15/05/19 Crown Debt increased from £44,660 to at least £66,071 however over this same period Other Creditors reduced from £14,960 to nil. • The accounts also show Trade Debtors at 31/03/17 of £87,800. At interview Ms Norris stated: ‘All trade debtors have been collected and the funds were used to pay staff wages.’ • Analysis of the company bank account from 01/04/17 to the end of trading shows income of £196,358. Of this, £50,739 was used to pay staff salaries and £8,452 was paid to HMRC.