Construction Industry Scheme definition

Construction Industry Scheme means the construction industry scheme under Chapter 3 of Part 3 of the Finance Act 2004.
Construction Industry Scheme means the regime set out in Chapter 3 of Part 3 of the Finance Xxx 0000 and the CIS Regulations;
Construction Industry Scheme means the arrangements under Chapter 3 of Part 3 of the Finance Act 2004 (and regulations promulgated thereunder) (as amended from time to time) which provide for certain payments under construction contracts to be made under deduction of sums on account of tax;

Examples of Construction Industry Scheme in a sentence

  • Any payments to contractors and subcontractors are made in accordance with the Construction Industry Scheme.

  • The decline in the self-employment rate is primarily related to changes in the rules of the Construction Industry Scheme (CIS), which is the Inland Revenue’s taxation system for the construction industry.

  • Under the original rules of the Construction Industry Scheme (CIS), which is the Inland Revenue’s taxation system for the construction industry, employers had an incentive to treat employees as self-employed workers in order to avoid paying National Insurance Contributions, nor provide benefits, training or observeemployment protection laws.

  • Schools are required to follow Local Authority advice in relation to the Construction Industry Scheme where this is relevant to the exercise of the community facilities power.

  • The working group meetings may to some extent reduce the frequency of Licensing and Planning Policy Committee meetings.

  • If the cause of the active diagnostic code is repaired and there is only one active diagnostic code, the diagnostic lamp will turn off.The system provides the capability of Fault Logging.

  • Special legislation (the Construction Industry Scheme) covers the payment of sums due to subcontractors.

  • Consult on the scope of the Sustainability ReportSection 3.2Stage B: Developing and refining alternatives and assessing effects 1.

  • The school is required to follow any advice from the City Council given in relation to the Construction Industry Scheme as it relates to the community facility.

  • However, subject to the Fund meeting certain conditions, the Fund may be able to take into account the losses in subsequent years.The amounts attributed to an investor may include a number of different types of income which reflectthe income derived by the Fund.


More Definitions of Construction Industry Scheme

Construction Industry Scheme means the provisions of Part 3 Xx 0 Xxxxxxx Xxx 0000 (the “FA 2004”) and the Income Tax (Construction Industry Scheme) Regulations 2005 (2005/2045) (the “Regulations”); Construction Products: means the Construction Products Regulations 2013 (SI 2013/1387), the Construction Products Regulation (305/2011/EU), the Construction Products Regulations 1991 (SI 1991/1620) and the Construction Products Directive (89/109/EC); Construction Programme: means the programme attached at Schedule 5 as may be updated from time to time and approved by the Tenant (acting reasonably); Consultants: means the Architect and the Employer’s Agent (in each case as defined in Schedule 1 Part 2) and any other consultant engaged by the Landlord (subject to the Tenant’s approval, such approval not to be unreasonably withheld or delayed) in connection with design and/or management of the Works; Contractor: means any of the following:
Construction Industry Scheme means the current scheme under the Finance Act 2004.
Construction Industry Scheme means the HMRC scheme which sets out the rules for how payments to subcontractors for construction work must be handled by contractors in the construction industry;
Construction Industry Scheme means the provisions of Part 3 Xx 0 Xxxxxxx Xxx 0000 (the “FA 2004”) and the Income Tax (Construction Industry Scheme) Regulations 2005 (2005/2045) (the “Regulations”);

Related to Construction Industry Scheme

  • Construction industry means the work activity designated in sector group 23 - construction of the North American classification system - United States Office of Management and Budget, 1997 edition.

  • construction work permit means a document issued in terms of regulation 3; "contractor" means an employer who performs construction work;

  • construction site means a workplace where construction work is being performed;

  • Building Permit means a permit for the construction of one or more Units, issued by the City, or other public agency in the event the City no longer issues said permits for the construction of Units within CFD No. 11. For purposes of this definition, "Building Permits" shall not include permits for construction or installation of commercial/industrial structures, parking structures, retaining walls, and utility improvements not intended for human habitation.

  • Construction Work means any work in connection with⎯

  • Environmental and Social Management Framework or “ESMF” means the framework, dated May 19, 2005, agreed with the Association for the environmental and social screening process to be followed in identifying, assessing, and mitigating the potential adverse environmental and social impact associated with activities to be implemented under the Project.

  • Construction-manager-at-risk means a project delivery method in which: