Onerous side effect remains in place
Series: Estates Gazette ; (0307) 15 February 2003, 130-131(2)Publication details: 2003Subject(s): Summary: Considers the Construction Industry Scheme (CIS) which was designed to prevent tax avoidance in the construction industry. It can also apply to any payments between landlords and tenants that are made by way of contribution towards the other party's works on a property. The Inland Revenue proposes to reform CIS and this article sets out the main areas under review. Argues that it would be reasonable to release landlords and tenants from any application of the scheme.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS66403 (Browse shelf(Opens below)) | 1 | Available | 121535-1001 |
Considers the Construction Industry Scheme (CIS) which was designed to prevent tax avoidance in the construction industry. It can also apply to any payments between landlords and tenants that are made by way of contribution towards the other party's works on a property. The Inland Revenue proposes to reform CIS and this article sets out the main areas under review. Argues that it would be reasonable to release landlords and tenants from any application of the scheme.