http://www.legislation.gov.uk/uksi/1991/1081/signature/made

The Income Tax (Sub-contractors in the Construction Industry) (Amendment) Regulations 1991

Income tax

Corporation tax

King's Printer of Acts of Parliament

2017-03-22

INCOME TAX

These Regulations amend the Income Tax (Sub-contractors in the Construction Industry) Regulations 1975 (“the 1975 Regulations”) to allow certain contractors to pay the deduction imposed by section 559 of the Income and Corporation Taxes Act 1988 on payments to sub-contractors (“the statutory deduction”) to the Inland Revenue quarterly rather than monthly. The amended rules will apply to contractors whose avergae monthly payments of Pay As You Earn (“PAYE”), National Insurance Contributions (“NIC”) and the statutory deduction are expected to be less than £400 in total, and will apply to payments falling due after these Regulations come into force on 19th May 1991.