Who is liable for PAYE and NIC deductions that haven't been paid to the Revenue?

If a Limited Company deducted tax and nic from it's staff but didn't pay it to the Inland Revenue - and the company then went bust - are the directors of that company liable for the PAYE debts or are they protected by their "limited liability"? Some of the IR guidebooks suggest that the Directors ARE responsible - is this correct?
Iain Lindsey

Comments
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general insolvency rpinciples will apply

AnonymousUser |

I agree with John

andymeeson |

a sting in the tail......

Anonymous |

Yes, possibly..........

Anonymous |

PAYE Deductions Not Paid over

Abacjm |