Latest News

Husband & wife chip shop bosses disqualified



The husband and wife directors of a fish and chip franchise in Morden, London, have been disqualified from acting as company directors for seven years after failing to record all of their cash takings and under-declaring their VAT.


Tuncay and Leyla Saglam, who set up Mr Cod in 2008, owed more than £545,000 in arrears of VAT, PAYE and National Insurance Contributions, and Corporation Tax by the time the takeaway went into liquidation in 2016.

The disqualifications follow collaboration between the Insolvency Service and HMRC whose investigations established that the pair caused or allowed the company to submit inaccurate statutory VAT returns by the deliberate suppression of sales income being to their benefit.

Commenting on the disqualification, Lawrence Zussman, deputy head of investigations with the Insolvency Service said: “The periods of these disqualifications sends a clear message to other company directors that tax abuse of any kind, particularly when it comes to suppression of cash takings by directors will not be tolerated.

“Defrauding the Exchequer of taxes, deprives the public services of much needed funds required to ensure the public receives the services it rightfully deserves.

“The Insolvency Service will therefore not hesitate to take action against directors so they cannot abuse limited liability provided by trading through a company.

Mr Cod operates a number of fish and chip franchises in South East England specialising in fish and chicken. It was launched in 1979 by John Brewer, a previous director of Kentucky Fried Chicken.

Archive

BTC piles on the pressure as net EU migration falls

The British Takeaway Campaign is calling for changes to the immigration system after the latest figures from the Office for National Statistics (ONS) show net EU migration is at the lowest for five years.

Unregistered cold storage blamed for KFC supply problems

An unregistered storage hub has been blamed for the chicken shortage which has forced KFC to close 750 of its 900 UK outlets

Seafood Week 2018 date unveiled

This year’s Seafood Week will take place from 5th to 12th October, Seafish has announced today

Office workers consume over 3,000 calories per day

The average office worker consumes as many as 3,295 calories per day – between 795 and 1,295 more than the recommended daily amount – leading to an annual weight gain of 9lbs per year
<< Newer
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10
Older >>