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Tax scheme

Series: Construction News ; (6795) 5 November 2002, 1&2(2)Publication details: 2002Subject(s): Summary: The Inland Revenue releases a consultation document aimed at revamping the CIS tax scheme as it admits the system is too easy to defraud. Inland Revenue chiefs also pledged to speak to a greater number of small firms as part of its review after the organisation was accused of ignoring small contractors in favour of larger firms. For the consultation document: http://www.inlandrevenue.gov.uk/consult_new/cis_reform.pdf

The Inland Revenue releases a consultation document aimed at revamping the CIS tax scheme as it admits the system is too easy to defraud. Inland Revenue chiefs also pledged to speak to a greater number of small firms as part of its review after the organisation was accused of ignoring small contractors in favour of larger firms. For the consultation document: http://www.inlandrevenue.gov.uk/consult_new/cis_reform.pdf