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Tag: CIS

HMRC online filing availability notice for April 2009

image We have received early word from our contacts at HM Revenue & Customs that their own web filing product (the HMRC online portal) will be unavailable for the first weekend in April (3rd to the 6th). Third party software such as ours will are expected to work throughout this period although for 24 hours at the weekend will not return an immediate delivery receipt.

How to successfully appeal a CIS penalty fine (construction industry scheme)

_150372_tax_man_cartoon_300This month I’ve noticed a substantial increase in the number of people who are hitting our website searching for ways to avoid or otherwise appeal their automatic penalty notices received under the new Construction Industry Scheme. HMRC started charging penalties in October 2007 although our logs this month have recently shown a vast increase in the number of contractors who are searching Google for a way to appeal their penalties.

Happy Birthday, New CIS!

The New Construction Industry Scheme will be officially one year old in two weeks; on April 6th 2008. After a very shaky start with plenty of mass confusion, hysteria and technical glitches, have HM Revenue & Customs (HMRC) and the construction industry finally gotten their systems “bedded down” for new CIS compliance or are there still problems?

How to successfully prevent a CIS penalty

It’s astonishing that as an independent software vendor how many construction contractor companies prefer to contact us to ask for advice on the new Construction Industry Scheme. The hottest topic at the moment are the CIS penalties that a lot of businesses are receiving for non-compliance with the new scheme, it’s rules and it’s deadlines.

CIS penalties have been rolling for five months now, three of which we already have the statistics for. The numbers are terrifying, a total of 118,458 penalty notices were issued in a three month period from October to December. Assuming that these three months are representative, that’s a minimum of £47 million a year in fines, paid for by construction businesses like yours.

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