Fact Sheet CIS341 Quick guide to the new Construction Industry Scheme
Publication Year
2005
Document Status
Withdrawn
Abstract
Outlines some characteristics of the 2007 Construction Industry Scheme: abolition of use of vouchers, tax certificates and registration cards; subcontractors’ obligation towards registering; contractors’ obligation towards verifying subcontractors; use of ‘verification numbers’ in the process; means of paying subcontractors, including contractors’ obligation to issue monthly returns to the HMRC detailing these payments.
Document History
Accompanies the CIS340 booklet. Applies to the new Construction Industry Scheme commencing 6th April 2007 - to be used from that date.
Publisher Information
HM Revenue and Customs
HM Revenue & Customs was formed in 2005, following the merger of Inland Revenue and HM Customs and Excise Departments. They are responsible for the collection and administration of taxes.
100 Parliament Street
London
HMRC
UK
Website: https://www.gov.uk/government/organisations/hm-revenue-customs
Tel: 0844 453 0158
