The construction industry tax refresher & planning
Date: 28 June 2016 13:30 - 16:30
Type: Course, Tax
Organiser: Tyne and Wear
Aimed at all accountants and tax advisers who need practical and detailed tax advice on the Construction Industry tax scheme.
This lecture will provide a very practical insight into how the Construction Industry Scheme currently works in practice, and will explain the tax responsibilities and functions of both the contractor and subcontractor. Additionally, the area of employed or self-employed, IR35 and self-employed travel will be addressed.
A detailed understanding of the current CIS tax administration requirements and rules. The full practical impact of CIS tax will be reviewed, together with an update of recent developments.
This course will cover:
- The CIS tax responsibilities and burdens of both the contractor and subcontractor under the current CIS regime
- Verification and the steps contractors have to take
- The monthly CIS return: its completion and filing
- The dealings the contractor will have with HMRC
- The impact on the subcontractor
- Is the subcontractor really self employed?
- Current problems facing contractors and subcontractors
- What really are construction operations
- What activities are within the scheme and what are not
- CIS penalties
- Current IR35 issues facing the construction industry
- CIS problem areas and their solutions
- Practical CIS planning
- General overview
A detailed tax presentation will be given. Practical examples and case studies will be used to illustrate the relevant CIS tax issues.
Speaker
Tim Palmer
Tim Palmer is one of the UK’s best known and popular tax presenters. He lectures frequently all over the UK, three or four times a week on a wide variety of taxation topics.
He also writes regular magazine articles for the leading taxation publications. Alongside his lecturing, Tim also provides tax consultancy services, and specialist tax advice.
Previously Tim Palmer was a senior Tax Manager with Howarth Clark Whitehill LLP, advising on all areas of tax and NIC for the firm to their clients. He was also a member of the tax department of P&O where he specialised in Corporation Tax and the Construction Industry
How to book
The easiest way to book is online by clicking the button to Book Online at icaew.com – you will be able to log into your account at icaew.com and pay with your debit or credit card.
You can also telephone the ICAEW central events booking team on 01908 248159 and pay over the phone.
Alternatively you can download a booking form or book by email.
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