The latest statement of affairs from ISG Ltd shows the group is short by over £53m owed to HMRC for the group’s VAT liability. ISG Ltd is the parent company…

HMRC has revealed £110m of fraud and error in R&D tax relief claimed by SMEs in the construction sector in 2020-21.

A total of 27 members of a gang that created a false audit trail to enable clients to operate in the construction industry without paying tax or VAT have been sentenced.