Laura Theophilus (42), from Cambridge, was the sole director of CIS UK PAY Limited. Incorporated in February 2012, the company provided combined office administrative services.
The company was VAT registered shortly after its incorporation and Laura Theophilus submitted VAT returns for five consecutive quarters from January 2017 to January 2018, paying just over 273,000.
In April 2017, however, CIS UK PAY received notification from the tax authorities that some of its recent purchases from a supplier had been connected to tax losses. Laura Theophilus was also warned that she should apply due diligence when choosing suppliers.
But Laura Theophilus failed to conduct due diligence checks and this resulted in CIS UK PAY submitting inac…
Read the full article at: https://www.miragenews.com/administration-services-firm-boss-banned-for-515439/
