000			01319cab a2200217 4500
001			ABS68779
008			050228n2005 000 0 eng u
035			_a(Sirsi) u128903
100			_aBenneyworth, R.
245		2	_aA new construction
260			_c2005
490			_aTaxation _v154(3992) 27 January 2005, 400-403(4)
520			_aDiscusses changes to the Construction Industry Tax Deduction Scheme which was due for significant reform as long ago as November 2002. These are important alterations resulting in a brand new scheme which is starting in 2006. The changes include alterations to the system of payment when a subcontractor seeks exempt status. The contractor will no longer have to demonstrate exempt or taxable status to the contractor and instead this will be achieved by subcontractors seeking payment for construction work registering with the Inland Revenue. A new monthly return will also be required from contractors which will contain details of all payments made under the scheme. With a table of new scheme obligations and circumstances that are minor infringements.
590			_aABS
650			_aBUILDING CONTRACTORS
650			_aSUBCONTRACTORS
650			_aFINANCE ACT 2004 PART III
650			_aCONSTRUCTION INDUSTRY TAX DEDUCTION SCHEME
690			_aTAXATION
942			_n0
999			_c74853 _d74853