IR35 and the construction industry
IR35 and the construction industry
- 2001
- Inland Revenue Press Release (69) 4 April 2001 (3) .
The Inland Revenue has published an extra statutory concession ESC C32 whereby individuals in the construction industry using service companies will not have to fund tax twice under the Construction Industry Deduction Scheme and the IR35 rules as long as they claim their fund of CIS deductions before 31 January following the end of the relevant tax year. Text of concession included.
EXTRA STATUTORY CONCESSIONS
IR35
CONSTRUCTION INDUSTRY DEDUCTION SCHEME
INCOME TAX
The Inland Revenue has published an extra statutory concession ESC C32 whereby individuals in the construction industry using service companies will not have to fund tax twice under the Construction Industry Deduction Scheme and the IR35 rules as long as they claim their fund of CIS deductions before 31 January following the end of the relevant tax year. Text of concession included.
EXTRA STATUTORY CONCESSIONS
IR35
CONSTRUCTION INDUSTRY DEDUCTION SCHEME
INCOME TAX