Angharad Anwyl, the director of Gwestyr Castell CYF, which traded as The Castle Hotel in Caernarfon, has been banned from acting as a director for three years from 7 February 2014 for failing to pay HM Revenue and Customs (HMRC) and Gwynedd Council.
Ms Anwyls disqualification follows an investigation by the Insolvency Service.
Ms Anwyl (65) gave an undertaking to the Secretary of State for Business, Innovation and Skills that she would not act as a director or take part in the management or control of any limited company until 6 February 2017, without leave of the Court.
The investigation found that on 9 February 2012, Gwestyr Castell CYF entered into liquidation with a deficiency of 145,968. At the date of liquidation there were liabilities for business rates of 18,347, dating back to 2010/11, and VAT of at least 50,444, dating back to November 2010.
The investigation also showed that from November 2010 onwards, the company paid out 518,393 to various creditors, but no payments were made to HMRC for VAT.
Commenting on the disqualification, Robert Clarke, Head of Insolvency Investigations North, at the Insolvency Service, said:
Company directors have a duty to ensure businesses meet their legal obligations, including paying taxes. Tax evasion is not a victimless offence as it deprives the taxpayer of the funds needed to operate public services.
The Insolvency Service will take action against directors who do not take their obligations seriously and abuse their position of trust.