Fines threat over construction tax

By David Ainsworth, Third Sector, 16 July 2008

Charities involved in construction work could be fined thousands of pounds under a special construction tax scheme.

HM Revenue & Customs gave charities immunity from the Construction Industry Scheme, introduced last year to ensure construction companies paid their taxes on time. But Justine Riccomini, CIS expert at accountancy firm Scott-Moncrieff, told Third Sector that organisations such as housing associations could still be affected if they have trading...

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