CIS fraud clampdown puts directors in the firing line
HMRC is set to unleash a major crackdown on organised CIS abuse after the Chancellor used the Budget to put directors in the firing line for supply chain tax fraud.
The move marks the toughest shake-up of the scheme in two decades and targets firms that turn a blind eye to “too good to be true” operators.
From April 2026, any business judged to have known or should have known it was tied to fraudulent transactions will instantly lose their gross payment status for at least five years