by Ashley | Apr 16, 2024 | Construction Industry
The construction industry scheme (CIS) is a tax deduction scheme put in place by HMRC to tackle tax avoidance in the construction industry. Contractors must register under CIS. Subcontractors do not have to register, but failing to register for CIS has consequences....
by Ashley | Feb 23, 2024 | Construction Industry
Disagreements, conflicts, and disputes aren’t uncommon in business, and the construction industry sees its fair share. Even small construction projects can suffer setbacks and unforeseen issues resulting in delays, payment issues or client disputes. But while...
by Ashley | Jan 16, 2024 | Construction Industry
The Construction Industry Scheme (CIS) was introduced in the UK in the 70s as a way to prevent tax avoidance. Although it has seen lots of revisions and updates over the years, the purpose is still the same. Under current CIS rules, contractors must make CIS...
by Ashley | Dec 20, 2023 | Subcontractors
Under the Working Time Regulations, annual leave and holiday pay are statutory rights for employees or workers (including agency workers) The statutory entitlement is 5.6 weeks – if you work 5 days a week, this works out as 28 days (some companies offer more)....
by Ashley | Nov 21, 2023 | Construction Industry, Subcontractors
The Construction Industry Scheme (CIS) was originally set up in the 1970s to tackle tax dodging. Over the past 50 years, it has undergone various changes (and will no doubt undergo more changes in the future). As it stands, you must register for CIS as a contractor if...
