Construction industry unprepared for tax system shake-up [electronic resource]
Language: English Series: KPMG News Release ; 13 February 2007Publication details: 2007Subject(s): Online resources: Summary: A survey of 465 UK construction professionals by KPMG reveals that the industry is not ready for the new Construction Industry Scheme (CIS). Nearly seven out of 10 respondents expressed concern about operating the new CIS, over 60% thought it would be more difficult to operate than the current system, over 50% revealed their employees were not sufficiently trained on the new CIS, and less than 10% had forwarded information to their subcontractors.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 136708-2001 |
A survey of 465 UK construction professionals by KPMG reveals that the industry is not ready for the new Construction Industry Scheme (CIS). Nearly seven out of 10 respondents expressed concern about operating the new CIS, over 60% thought it would be more difficult to operate than the current system, over 50% revealed their employees were not sufficiently trained on the new CIS, and less than 10% had forwarded information to their subcontractors.