Beta This part of GOV.UK is being rebuilt – find out what this means

HMRC internal manual

Construction Industry Scheme Reform Manual

From
HM Revenue & Customs
Updated
, see all updates

The Scheme: primary legislation: section 71

This section deals with the collection and recovery of deductions

  • The Board must make regulations relating to the collection and recovery of amounts deducted under S61: FA04/S71 (1) See SI2005/2045 reg 7 to 16.
  • The regulations may include any matters in respect of which PAYE regulations may be made: FA04/S71 (2)
  • Interest required by regulations should be paid without the deduction of income tax and should not be taken into account in computing income, profits or losses for tax purposes: FA04/S71 (3)