It was the case years ago that companies gave limited liability. Over the years this has been watered down. Firstly company law extended liability to officers, which means that if you act like a Director, but you aren’t a Director, you are probably an Officer. The fact that you aren’t a Director is irrelevant as you will be deemed one. We see this from time to time and it is scary when we advise our clients of the risks and nothing is done. Now the taxation laws have changed