MR Timothy ROGERS

Disqualified from

2023-09-05

Date of birth on record

June 1969

Between 26 April 2019 and 6 June 2022 Mr Timothy Rodgers (“Mr Rogers”) and his co-director withdrew funds totaling £550,450 from RTRIO Ltd which was to the risk and ultimate detriment of HMRC. In that: VAT RTrio submitted VAT returns to HMRC for twelve VAT periods from periods ended 02/19 to 11/21 disclosing VAT liabilities of £142,850. Surcharges of £14,734 were applied by HMRC due to payments not being made on time. HMRC raised an assessment on 15 April 2022 for VAT quarter 02/22 of £7,162 and applied a surcharge of £1,074 as no return had been submitted for this period. RTrio made payments totalling £14,374 on 31 May 2019 and 04 May 2020 of which £13,886 was allocated by HMRC to earlier VAT periods ended 02/18, 05/18, 08/18 and £488 to VAT period 02/19. The oldest VAT liability at liquidation was for the VAT quarter ended 02/19 which fell overdue to HMRC by 08 April 2019. VAT Deferral Period HMRC allowed VAT payments due between 20 March 2020 and 30 June 2020 to be deferred for a period of 3 months. RTrio’s outstanding VAT liabilities and surcharges prior to 20 March 2020 totalled £76,620. RTrio made a payment of £10,000 on 04 May 2020 which was allocated by HMRC to earlier VAT periods ended 02/18, 05/18, 08/18, 11/18 and 02/19. During the deferral period, RTrio submitted VAT returns to HMRC for VAT period 02/20 disclosing liabilities of £22,098. RTrio continued submitting VAT returns for the VAT periods ended 05/20 to 11/21 disclosing liabilities and surcharges totalling £68,378. At liquidation, at least £165,332 remained outstanding in respect of VAT liabilities and surcharges. CT RTrio submitted CT returns to HMRC for four periods ended 31 May 2018 to 31 May 2021 which totalled £256,297. No payments were made against these returns, the earliest of which was due for payment on 01 March 2019. HMRC’s claim at liquidation shows CT liabilities totalled £256,297. RTrio’s available bank statements show that between 24 April 2019 to 06 June 2022, net payments totalling £550,450 were made to Mr Rogers and co-director to their benefit. HMRC is the main creditor at liquidation with £431,874 outstanding in respect of VAT, PAYE/NIC and CT. Mr Rogers’ failure to ensure that RTrio’s VAT and CT liabilities were paid when due materially contributed towards the insolvency of the company.