The Chartered Institute of Taxation (CIOT) has backed proposals to remove tax deductions made on payments by landlords to tenants for construction works on properties. The Construction Industry Scheme ...

The construction industry scheme (CIS) is a tax system in the UK that sets out and governs how contractors and subcontractors working in the construction industry handle tax payments and deductions.

The construction industry has some specific accounting and taxation requirements, as well as business practices which need to be reflected in the accounting software used to run the business. This ...

QUESTION: We are a relatively new construction company and were advised that we had to register under the Construction Industry Scheme (CIS) both as a contractor and also as a subcontractor. We are ...

Subcontractors say strike action by HMRC staff could see them forced to pay higher than necessary tax deductions. The first of three weeks of industrial action ended last week in Glasgow and Newcastle ...