New CIS – a subcontractor’s guide. By Rebecca Benneyworth

The burden of the new construction industry tax deduction scheme (CIS) will fall mainly on contractors, with new procedures for checking which of their subcontractors are liable for tax and new monthly returns to complete. However, there are several aspects which will affect those working in the building trade, and they would be wise to be aware of how things may change over the next few months.

Employment status
The new scheme has as one of the primary objectives “To help the construction industry get the employment status of workers right”.

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