Gordon Stuart Douglas McLure, who was a director of Home Net (UK) Limited, West Homes (UK) Limited and UCO Fuel Limited, has agreed to a voluntary disqualification undertaking of 12 years for knowingly submitting false VAT returns to HMRC in order to claim repayments totaling 882,068.
The disqualification, from 13 October 2015, prevents Mr McLure from directly or indirectly becoming involved in the promotion, formation or management of a company for the duration of the term.
Mr McLure (44) while a director of Home Net (UK) Limited, West Homes (UK) Limited and UCO Fuel Limited, submitted false VAT returns to HMRC to claim repayments of VAT from HMRC to which these companies were not entitled, as follows:
Home Net (UK) Limited- seven returns covering the VAT quarters ended 30 November 2008 to 31 May 2010 inclusive, falsely claiming repayments totalling 508,821
West Homes (UK) Limited- eight returns covering the VAT quarters ended 31 May 2008 to 28 February 2010 inclusive, falsely claiming repayments totalling 221,022
UCO Fuel Limited- seven returns covering the VAT quarters ended 31 December 2008 to 30 April 2010 inclusive, falsely claiming repayments totalling 169,682
Each of these companies entered liquidation, with HMRC being the largest creditor in each case, for unpaid VAT.
Commenting on the disqualification, Sue MacLeod, Chief Investigator at The Insolvency Service, said:
Company Directors should note from this enforcement result that any failure to properly account to HMRC is likely to lead to serious censure. In this particular case, Mr. McLure knowingly submitted false returns in order to claim monies from HMRC to which he was not entitled, meaning that both HMRC and taxpayers lost out.