The Income Tax (Sub-contractors in the Construction Industry) Regulations 1993

1. Introductory Text

2. PART I INTRODUCTORY

   1. 1. Citation and commencement.

   2. 2. Interpretation.

3. PART II PAYMENTS TO SUB-CONTRACTORS TO WHICH SECTION 559 APPLIES

   1. 3. Interpretation of Part II.

   2. 4. Multiple contractors.

   3. 5. Record of individual payment made and of amount deducted.

   4. 6. First payment in year to user of form 714S.

   5. 7. Deduction certificate to be given to sub-contractor.

   6. 8. Monthly payment of amounts deducted to collector.

   7. 9. Quarterly payment of amounts deducted to collector.

   8. 10. Payment of amounts deducted to collector—further provisions.

   9. 11. Return by contractor at end of year.

   10. 12. Notice and certificate in case of contractor failing to pay amounts deducted to collector.

   11. 13. Notice of specified amount and certificate in case of contractor failing to pay amounts deducted to collector.

   12. 14. Formal determination of amounts payable by contractor.

   13. 15. Interest on amounts overdue which have been formally determined.

   14. 16. Interest on amounts overdue—general.

   15. 17. Interest on amounts overdue—further provisions.

   16. 18. Interest on amounts overpaid.

   17. 19. Recovery of amounts deducted.

   18. 20. Repayment of excess credit.

4. PART III SUB-CONTRACTOR'S TAX CERTIFICATES, VOUCHERS AND GUARANTEES

   1. 21. Powers of inspectors.

   2. 22. Absence abroad—evidence of living outside the United Kingdom.

   3. 23. Absence abroad—evidence of compliance with tax obligations.

   4. 24. Forms of sub-contractor’s tax certificate.

   5. 25. Issue of sub-contractor’s tax certificate.

   6. 26. Validity of sub-contractor’s tax certificate.

   7. 27. Renewal of sub-contractor’s tax certificate.

   8. 28. Production for inspection and surrender of sub-contractor’s tax certificate.

   9. 29. Form of voucher.

   10. 30. Restriction on issue of further vouchers in certain circumstances.

   11. 31. Surrender of voucher.

   12. 32. Guarantees.

5. PART IV PAYMENTS TO SUB-CONTRACTORS USING SUB-CONTRACTOR'S TAX CERTIFICATES

   1. 33. Production and verification of sub-contractor’s tax certificate.

   2. 34. Alternative procedure for verification of sub-contractor’s tax certificate held by company.

   3. 35. Delivery of voucher by sub-contractor who is an individual or a partner in a firm.

   4. 36. Delivery of voucher by sub-contractor to whom section 561(4) of the Taxes Act applies.

   5. 37. Delivery of voucher by sub-contractor which is a company.

   6. 38. Completion and signature of voucher.

   7. 39. Return of vouchers.

   8. 40. Return of payments made without deduction to be made and records of such payments to be kept.

6. PART V SUPPLEMENTAL

   1. 41. Inspection of records of contractors and sub-contractors.

   2. 42. Information as to change in control of close companies.

   3. 43. Death of contractor.

   4. 44. Service by post.

   5. 45. Revocations.

   6. 46. General savings.

7. Signature

8. SCHEDULES:

   1. Schedule 1

      — Forms of sub-contractor’s tax certificates and vouchers.

   2. Schedule 2

      — Forms of Guarantee.

   3. Schedule 3

      — Revocations.

9. Explanatory Note