Hmrc

Construction Industry Scheme (CIS) contractors are becoming a target for the tax authorities with HMRC issuing letters to CIS contractors if records indicate that the correct deductions may not have been applied, a Scottish tax expert has warned. The letter prompts the contractor to verify the CIS t

A new report from HMRC has revealed £110 million of fraud and error in R&D tax relief claimed by SMEs in the construction sector in 2020-21.

The UK Supreme Court has unanimously dismissed an appeal by HM Revenue and Customs against a decision that items constructed for the collection and transmission of water through a hydroelectric power station in Fort Augustus were not tunnels or aqueducts for the purposes of the Capital Allowance Ac

HM Revenue and Customs (HMRC) has urged businesses in the construction sector sector to join over 1.7 million taxpayers who are benefiting from Making Tax Digital (MTD). From 1 April 2022, MTD for VAT became mandatory for all VAT-registered businesses, regardless of turnover. This means businesses n

David Michael Hughes A globe-trotting tax consultant who fled the UK before he could be arrested for masterminding a conspiracy to steal £6.9 million from construction workers’ pay packets is finally behind bars.

Building firms expanding their businesses can benefit from a new service launched today by HM Revenue and Customs (HMRC). Mid-sized businesses in the manufacturing industry, including builders, plumbers, maintenance companies and printing firms; with either a turnover of more than £10 million or mo