Policy paper
Construction Industry Scheme reform from 6 April 2024
This tax information and impact note is about reform of the Construction Industry Scheme to strengthen the tests for gross payment status.
Documents
Details
This measure makes changes to the Construction Industry Scheme from 6 April 2024. From this date, subcontractors will have to demonstrate compliance with VAT obligations to be granted and keep gross payment status.
This measure also expands the grounds that HMRC can immediately cancel gross payment status to include cases where HMRC has reasonable grounds to suspect fraud involving VAT, Corporation Tax, Income Tax and Pay As You Earn.
Published 22 November 2023