Tim Palmer reviews construction industry scheme tax responsibilities and obligations of a contractor.
A contractor in the construction industry has considerable regular ongoing fiscal obligations, perhaps more than in any other industry. Before looking at these responsibilities, it is perhaps worth considering what a contractor is for construction industry scheme (CIS) tax purposes.
The term ‘contractor’ includes any person carrying on a business which includes ‘construction operations’ (a mainstream contractor). A contractor is any body or person who contracts for
