If you work as a self employed contractor in the Construction Industry it is likely that your clients will require you to work via HMRC’s Construction Industry Scheme.

Benefits include: 

  • Working within the Construction Industry compliantly
  • Regular payments in the knowledge that tax is being collected and paid to HMRC via RTI
  • Simple statements
  • Guidance on obtaining a UTR (Unique Tax Reference) from HMRC
  • Self Assessment Tax Returns

(Finance Act 2014 Section 44 dependent)