COURSE OBJECTIVES: This course will cover all taxation aspects relating to the Construction Industry Scheme with particular emphasis on practical applications. The changes introduced on 6/4/2007 will also be fully reviewed, with practical case studies.
COURSE CONTENT
- The workings of the Construction Industry Scheme
- Taxation aspects of contractors and sub-contractors
- How CIS impacts of groups, companies and associations
- The requirements on the contractor under the new regime
- The requirements to obtain gross status
- The penalties incurred for non-compliance
- Deemed contractors
- The scope of construction operations
- Sub-contractor''s tax position; repayment claims
- Case studies, problems and solutions
- The self employed test, requirements and procedures
WHO SHOULD ATTEND
It is intended for delegates wishing to obtain a good working knowledge of the requirements, problems and practicalities relating to the taxation of contractors and sub-contractors.
Would you like this course run in-house? Call us on 0207 566 8207 to find out more