The appellant, Aizio Associates Limited, made an appeal against a penalty issued by HMRC for £21,457.24 for the VAT accounting periods 02/20 and 03/20, made under Schedule 24 of Finance Act 2007.

At the FTT, the current and former directors of Aizio, Timothy Campbell and David Billard, disputed personal liability notices (PLNs) of £17,097.72 and £4.359.83, respectively.

Following his resignation as director, Billard provided Campbell with paper copies of Aizio’s statutory company records and other information including VAT records.

He did not retain any copies of these documents and ceased to have any further involvement with the company.