It hasn't gone away...

Penny, Emma

It hasn't gone away... - 2005 - Contract Journal 431(6553) 30 November 2005, 21(1) .

Argues that although the Construction Industry Scheme has been delayed until April 2007, contractors should prepare for it now, particularly by reviewing the employment status of their subcontracted workforce, deciding which trading name to register, ensuring that the tax or accounts department is given as the service address, and updating software in preparation for submitting online returns to the HMRC. Also outlines the main provisions of the new scheme, and the financial penalties that can be imposed by HMRC.


CONSTRUCTION INDUSTRY SCHEME