This area provides news and advice to Accountants and Finance Directors to help keep your companies, one step ahead of the game. This section is regularly updated with the latest information on HMRC legislation that impacts the construction industry.

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Date

Title

Snippet

 

31/03/2005

INSITE123 SERVICES

Insite123 provides a range of services designed to help contractors to cope with the requirements of new CIS.

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01/04/2005

INSITE123 VISION

Advancing employment strategy and building a better future in construction

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10/05/2005

SUMMARY OF THE CIS REFORMS

A new rate of deduction under CIS is introduced under the CIS reforms, and increased responsibilities for contractors.

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25/07/2005

THE LEGISLATION

The Income Tax (Construction Industry Scheme) Regulations 2005

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10/08/2005

EMPLOYMENT STATUS

A CIS card is not a badge of self employment. It only allows a worker, to receive payment for certain contracts undertaken in the construction industry. There are a number of pointers which indicate whether a worker is employed or self-employed

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01/09/2005

NEW CIS FACTSHEETS

All the draft documents relating to the New CIS scheme are available here for download. These will be updated in January and copies will be sent to all contractors.

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29/10/2005

CIS REFORMS SHELVED

The introduction of the CIS reform has been put back to April 2007, but no-one should take this as an opportunity to rest on their laurels.

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07/11/2005

EMPLOYMENT STATUS DECISIONS part one

A personal opinion of the challenges faced by the construction industry on the matter of employment status.

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17/11/2005

OTHER LEGISLATION

How to obtain information about other areas of legislation that are of importance to the construction industry

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20/11/2005

EMPLOYMENT STATUS DECISIONS part two

Some workplace situations fall outside the scope of CIS and this can make for easier decision making. Three examples here, serve to illustrate this anomoly.

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21/11/2005

CIS SOFTWARE UPDATE

The latest news on new CIS software, do you need single user or multiple user software, would that be a standalone or and integrated package?

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24/11/2005

ON THE CARDS

Paying a workforce under PAYE for the first time presents many problems. The three most important concerns are discussed here.

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01/12/2005

EMPLOYMENT STATUS DECISIONS part three

There are over a dozen status tests which can be used to determine whether a worker is employed or self-employed.

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18/12/2005

NEW CIS -FAIRER TAX SYSTEM?

Can HMRC acheive a Level Playing Field. How many small to medium contractors will be left in the game?

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26/01/2006

CIS & ONLINE FILING

Some contractors are facing fines of up to £3000 this year.

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27/01/2006

PARLIAMENTARY QUESTIONS

James Dudderidge MP questions to the Government on the revocation of CIS 6 status

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28/01/2006

MORE PARLIAMENTARY QUESTIONS

James Dudderidge MP asks if the Government accepts that contractors may not be entirely to blame for the miscategorisation of worker's status

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07/02/2006

YET MORE PARLIAMENTARY QUESTIONS

James Duderidge MP asks the Government, just how much effort was put into informing small to medium contractors about the CIS reforms?

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07/02/2006

EVEN MORE PARLIAMENTARY QUESTIONS

James Dudderidge MP asks the Government to comment on EEA workers working under CIS with no National Insurance number.

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20/03/2006

HMRC COMMENTS ON ESI

HMRC have released a statement on the Employment Status Indicator and insite123 publishes it first.

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21/03/2006

ROLLED UP HOLIDAY PAY

A short report and the ruling on the practise of rolled up holiday pay

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06/04/2006

COMPOSITE COMPANY CLAMPDOWN

The Government announces plans to further combat tax avoidance and disguised employment.

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03/05/2006

OFFSETTING CIS DEDUCTIONS

Companies which operate on a CIS 4 can offset the deductions against PAYE and CIS payments

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10/06/2006

SETTING UP A LIMITED COMPANY

Hundreds of construction workers have set up limited companies in an attempt to prove self-employment, not realising that simply being paid through a company alone, does not get round Revenue legislation.

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05/07/2006

CIS 4 AND HOLIDAY PAY

The reasons why CIS workers are entitled to holiday pay explained.

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16/07/2006

REVENUE LOSES APPEAL

The Revenue has lost an appeal by a small contractor on an employment status issue.

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22/08/2006

HMRC APPROVAL?

Has HMRC really given approval to the composite service schemes run by companies such as Brookson and Gabem?

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26/08/2006

COMPOSITE COMPANIES

Following claims that HMRC approval has been won by some composite companies, we ask -is the truth out there?

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30/08/2006

EXPERT OPINION

Read an expert opinion on IR35 legislation and composite companies by Kevin Miller

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09/12/2006

PRE-BUDGET REPORT

Read theTreasury consultation document on Tackling Managed Service Companies

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09/12/2006

THE END IS NEAR FOR COMPOSITES

Gordon Brown has crushed managed service companies under new legislation due to coincide with the introduction of new CIS in April 2007

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25/01/2007

CONSULTATION ON COMPOSITE COMPANIES

The consultation period ends on 2nd March 2007. Updates will be published here.

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05/02/2007

LATEST NEWS

News from Insite123 and HMRC

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10/03/2007

CIS333

The CIS333 list has caused much debate, how much use will it be to contractors when new CIS comes into force on 6th April?

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21/03/2007

LATEST ON MSC LEGISLATION

The Treasury announces the final measures to be brought into force on 6th April 2007, which will tackle Managed Service Companies.

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02/04/2007

STATUS CHECK SOFTWARE LAUNCH

insite123 launches Status Check, the employment status checker for the construction industry

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04/04/2007

CIS 4 AND COMPOSITECOMPANIES

A summary of the MSC legislation and how it affects companies paying construction workers through a composite

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