Tax scheme under review

by Tim Wood



The Joint Working Group, set up last month to review the Construction Industry Scheme, has come up with a list of priorities for improving the tax regime.

These include: ways of simplifying the procedures and reducing administration costs; introducing in-year repayments for companies; the risks associated with CIS5 certificates; ways of moving towards electronic delivery of information and exchange of vouchers; and the amount of travelling associated with the presenting of CIS6 certificates.