The construction industry scheme could cost ten times more than Treasury
estimates, the ICAEW has warned.
The costs of the scheme, which is designed to be cheaper than current
arrangements, could hit £250m-£280m a year, the institute says.
The Treasury thinks it will cost businesses only £22m a year. The scheme
comes into effect this year, after being
delayed a year ago due to
Report argues that the government must change the way it makes tax and budget decisions
Committee expresses concern about costs to businesses and April 2018 implementation date
Andrew Tyrie airs views on the Finance Bill, 'Making Tax Policy Better' report, and Brexit
Top 25 firm HW Fisher & Co has acquired London firm Rhodes & Rhodes