74 Sub-contractors deduction schemeThere have been schemes in place since 1972 to counter widespread evasion of income tax and national insurance contributions in the construction industry (for example labour-only sub-contractors working ‘on the lump’)1. From 1999, there was a ‘Construction Industry Scheme’ (CIS) which was based on sub-contractors receiving registration cards or tax certificates. The whole purpose of such legislative schemes was to secure for the Exchequer the payment of taxes by sub-contractors in the construction industry2.A new CIS came into effect in April 20073. Under the new CIS there is no longer a need for registration cards, certificates
There have been schemes in place since 1972 to counter widespread evasion of income tax and national insurance contributions in the construction industry (for example labour-only sub-contractors working ‘on the lump’)1. From 1999, there was a ‘Construction Industry Scheme’ (CIS) which was based on sub-contractors receiving registration cards or tax certificates. The whole purpose of such legislative schemes was to secure for the Exchequer the payment of taxes by sub-contractors in the construction industry2.
A new CIS came into effect in April 20073. Under the new CIS there is no longer a need for registration cards, certificates
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