Construction Industry Scheme 3rd Edition

We believe that this is still the only up-to-date publication dealing with the CIS tax rules.

A practical guide to dealing with the requirements of the Construction Industry Scheme, based on years of experience gained by the author in representing clients, liaising with HMRC and working in the construction industry. The book complements and expands upon HMRC’s publication CIS 340. It includes observations on the various CIS consultations held by HMRC and responses issued thereafter.

The third edition has been substantially updated, including an array of new case decisions. One of these cases serves as a reminder of the importance of the rules, as a misinterpretation of the CIS legislation cost the taxpayer more than £1.7 million. The new edition also covers recent revisions to the regulations, and changes arising from the 2020 consultation.

“A well-organised and comprehensive guide to the CIS rules.” – TAXline review of earlier edition

Contents (in brief)

• Scope of the scheme
• Key definitions
• Guidance on verification
• Extensive coverage of gross payment status
• Analysis of many Tribunal cases
• Practical guide on reasonable excuse and penalties

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