14 May 2008
The Treasury is losing out on nearly £2bn in tax because construction workers are falsely describing themselves as self-employed, according to a survey by construction union UCATT.
Some workers are abusing the Construction Industry Scheme tax rules by gaining tax rebates and paying lower NI by claiming they are self employed, reports the FT.
Employers also benefit in those circumstances as they do not pay employers' NI contributions.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
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