Construction Industry Scheme changes

18 March 2022

  • From April 2022 an additional field is being added to the Employer Payment Summary (EPS) which requires subcontractors to enter their Corporation Tax Unique Taxpayer Reference (UTR) to claim a credit for deductions made under the Construction Industry Scheme (CIS)
  • HMRC will reject any EPS claims which detail a claim for CIS deductions but do not include the Corporation Tax UTR
  • Businesses who cannot locate their Corporation Tax UTR will need to request their Corporation Tax UTR online and a copy will be sent to the address registered with Companies House
  • If a subcontractor is not a limited company and so doesn’t have a Corporation Tax UTR then it should claim CIS deductions via a Self-Assessment Tax Return

Latest News

Apr

24

Changes to what constitutes a “small company”

If you need to consider the off-payroll working rules there is an important change relating to company size thresholds that need to be aware of.

Find out more
Apr

15

VAT Act Section 69D – Company officer liability notices

To be the director of a business which receives a VAT penalty assessment is daunting enough but, when HMRC go on to seek to transfer the penalty to you personally, the issue takes on a whole different demeanour.

Find out more
Mar

26

Employment Law Reforms 2025

There is a huge amount of new employment law that is progressing through parliament as the Employment Rights Bill 2025.

Find out more

Seneca House
Buntsford Park Road
Bromsgrove
Worcestershire
B60 3DX

0121 445 6178
enquire@aspirepartnership.co.uk