With the construction industry once again in the spotlight ABG’s Tim Palmer and Mark Rubinson have provided an in depth summary of the forthcoming tax changes for the ICAEW.
In this article Tim and Mark look at the basics of the construction industry scheme, how the changes affect contractors and subcontractors, and illustrate their points using examples.
The full article can be viewed here https://www.icaew.com/technical/tax/tax-faculty/taxline/taxline-2020/august-2020/1-tax-and-the-construction-industry