A construction company has been placed into Creditors Voluntary Liquidation after failing to pay its taxes.
RBT Dryliners and Plasters UK Limited, owned by sole director Roman Bogdan Piotrowski, supplied sub-contract labour to the construction industry between 2015 and 2016.
However, after just one year of operation, Mr Piotrowski caused the company to enter into Creditors Voluntary Liquidation.
This triggered an investigation by the Insolvency Service after officials found “irregularities” in the company’s tax returns.
Financial investigators found that for the period from May 2016 to January 2017, the director had declared “just over £423,000” to the tax authorities regarding the company’s Construction Industry Scheme liabilities.
However, upon further investigation, it emerged that RBT Dryliners and Plasters UK failed to declare further Construction Industry Scheme liabilities worth close to £220,000.
Likewise, the company failed to pay the correct levels of VAT having filed “inaccurate returns after failing to account for sales receipts of more than £3.9 million”.
For his failure to file accurate CIS returns and VAT returns, Mr Piotrowski accepted a seven-year disqualification undertaking, effectively banning him for directly or directly becoming involved in the running of a company for the time specified.
Commenting on the investigation, Jane Knight, Deputy Head of Insolvent Investigations for the Insolvency Service, said: “Roman Piotrowski failed to declare RBT Dryliners and Plasters UK’s true tax liabilities, depriving the Exchequer of money rightfully owed.
“His disqualification will help prevent further loses to the public purse and also serves as a warning to other directors of their responsibilities and that disqualification will be the likely outcome should they fail to carry them out.”