A construction company operating under almost half a dozen different names has entered into liquidation after racking up millions of dollars in unpaid debts. 

Simsai Construction Group in perth/index.html” id=”mol-85b487c0-93c7-11ee-b0a6-7d3a75bb4e2f”>Perth has been forced to give up nearly 100 projects after being hauled to Federal Court by the Australian Tax Office on Tuesday.

The embattled home builder entered into liquidation owing $4.5 million after an email exchange between the Deputy Commissioner of Taxation’s lawyer Jane Carmel and lawyers for the administrators of Simsai.

Directors at Simsai, which also operated under First Home Buyers Direct, Multi Develop 360, and Express Homes, blamed ballooning costs, the erosion of margins and difficulties in retaining staff as reasons they had to close the business.

Ninety-seven customers who had employed Simsai with the construction of their homes have since been told to engage new builders since the company’s collapse. 

Simsai Construction Group has entered into liquidation after a legal battle in the Federal…