Name: Nigel REILLY

Name: JEWEL BUILDING CONTRACTORS LTD

Date of Birth: 9 / 5 / 1981

Date Order Starts: 27 / 1 / 2023

Disqualification Length: 3 Years 6 Month(s)

CRO Number: 08693351

Last Known Address: 8 Eastleigh Close,, , , , SUTTON,, SM2 6QY

Conduct: Between 01 August 2018 and 27 February 2020 (date of administration), Nigel Reilly (Mr Reilly) failed to ensure that Jewel Building Contractors Ltd (hereinafter referred to as “Jewel”) submitted accurate VAT returns and make payments to HM Revenue and Customs (hereinafter referred to as HMRC) as and when they fell due. In respect CIS taxes, Jewel failed to make payments as and when they fell due, meaning that Jewel traded to the detriment of HMRC so that when entering administration, Jewel had an outstanding liability in respect of VAT of £57,927.83 and in respect of CIS of £75,744.49. VAT • On 10 December 2018, a payment of £10,367.55 was made to cover VAT liabilities for period 09/18. Following this payment, Jewel’s VAT liabilities were nil. • A VAT return was submitted on 24 January 2019 for period 12/18 for a total of £16,466.58. Due to non-payment, HMRC applied surcharges of £2,469.98. No payments were made towards this liability. • A VAT return was submitted on 30 April 2019 for period 03/19 reclaiming £5,860.47. This credit was applied by HMRC to period 12/18. • An assessment was raised on 17 July 2019 for £23,611.79 (including interests of £1,184.79) for underdeclared VAT returns for periods 06/17, 09/17, and 12/17. No payments were made towards this liability. • A VAT return was submitted on 05 August 2019 for period 06/19 for a total of £18,201.34. Due to non-payment, HMRC applied charges and interests of £2,923.89. No payments were made towards this liability. • A final VAT return was submitted on 29 October 2019 for period 09/19 for a total of £500.80. Due to non-payment, HMRC applied interests of £209.48. No payments were made towards this liability. • On 06 February 2020 charges of £595.56 were withdrawn by HMRC. This credit was applied to period 12/18 resulting in VAT liabilities when entering administration of £57,927.83. CIS • On 31 July 2018, Jewel’s outstanding balance in respect of CIS was £39,842.60 • Between 01 August 2018 and 31 December 2019, with the exception of September 2019, Jewel submitted 16 CIS returns totalling £42,894.09. No payment was made towards this liability. • Due to non-payment, HMRC applied surcharges of £334.30. Meaning the liability owed in respect of CIS was £83,070.99. No payment was made towards this liability. • On 19 January 2019 Jewel submitted an employment allowance claim of £7,326.50. This credit was applied by HMRC to the CIS outstanding balance, resulting in CIS liabilities when entering administration of £75,744.49. Comparative treatment Review of bank statements between 01 August 2018 and 27 February 2020 show Jewel received income of £1,126,080.15. During the same period, £1,311,691.83 was paid out of Jewel’s bank account of which £30,997.91 was paid to HMRC. 

This information is correct as at 10 / 1 / 2023

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