The Scheme: secondary legislation: regulation 18
This regulation deals with small payments.
A payment under a construction contract is not a contract payment if the conditions setout in (2) and (3) are met: SI2005/2045 reg 18(1).
The person making the payment falls within FA04/S59 (1) (b) to (l) and the person has beenapproved by HMRC for the purposes of this regulation: SI2005/2045 reg 18(2).
That, excluding the cost of materials, the total payment made under the constructioncontract does not exceed £1,000: SI2005/2045 reg 18(3).
ENABLING PROVISION FA04/S60 (7)