Construction's 100 million pounds sterling tax demand
Article Abstract:
The UK Inland Revenue's plans to introduce the Construction Industry Scheme may lead to construction workers, who have 714 self-employed status, working on the black market. They will be obliged to pay tax directly and not keep it over a year and therefore lose out on interest payments. Some industry observers are concerned the three types of taxation due to be introduced will increase administration and building costs will rise. Others point out the scheme may help to cut the number of unqualified builders. The Revenue hopes some 100 million pounds sterling in extra payments will be received.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Construction World
Article Abstract:
The UK's Building Research Establishment officially launches its new on-line information service in January 2000. The Construction Information Service Network, otherwise known as Connet, will be found at www.connect.org and is devoted to construction issues. Some 90% of notes produced by publishers of construction-related materials will be included on the site, which is free to users and which will also provide a personal alerting service via e-mail.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
"I have worked in construction all my life and now I have given my life to it."
Article Abstract:
The risks to the health of construction workers are high even though many are preventable. The industry has improved its safety record, but is only just beginning to set up screening programmes and other initiatives to improve occupational health.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Contractors tap into 250m pounds sterling Cheltenham spy centre. Dearer, dera, dear
- Abstracts: Hospital faces 10m pounds sterling reclad. Getting under the skin. Isle of Wight hospital in total reclad
- Abstracts: HBG wins 240m pounds sterling Cardiff contract. Taking on Alsop. Coming up roses
- Abstracts: St John's mission to Birmingham. Michael Dickson
- Abstracts: Regression analysis helps lift response. Getting the most out of the right broker. How teens influence buying decisions