The analysis of HMRC data has revealed out of the 529 total tax defaulters, that 129 were in construction-related businesses.

Together, these businesses evaded £14,888,771 in taxes — this averages £115,417 in unpaid tax per company.

According to GB Concrete & Pump, the findings are “very concerning” for the construction industry and highlight the pressure these companies are under.

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“The industry can operate on tight margins with complex payment structures, which could unfortunately lead some to cut corners,” said a spokesperson at GB Concrete & Pump.

“However, there's absolutely no excuse for tax evasion. It's not only illegal but also deeply unethical.

“This kind of behaviour undermines the entire industry, giving reputable, hardworking businesses a bad name and potentially making it harder for them to secure contracts and financing.

“However, all construction companies shouldn’t be tarnished with the same brush. It’s important, therefore, that we champion ethical practices, transparency and full compliance with tax laws."