Tax Changes for Builders Could Spell Disaster for Vulnerable Industry
Western Mail › September 09, 2009
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Summary
PROPOSED changes to the way the majority of builders are taxed threaten to hamper the recovery of the UK's beleaguered construction industry, according to leading accountancy body the ICPA.
A planned crackdown on the Construction Industry Scheme (CIS) will mean up to 300,000 bricklayers, plumbers, carpenters and plasterers working as sub-contractors will effectively lose their self-employed status in the eyes of the taxman.See the full content of this document
Extract
Tax Changes for Builders Could Spell Disaster for Vulnerable Industry
While the moves are intended to catch out those who it is believed falsely claim to be ...
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