Construction Industry Scheme (CIS) Reform

Construction Industry Scheme (CIS) Reform

Written by VAT Partner, Sandy Cochrane In the Autumn Statement delivered on 22 November 2023, the government unveiled its response to the consultation addressing the reform of the Construction Industry Scheme (CIS). The following outlines the major changes, which will take effect from 6 April 2024. Gross Payment Status  A fundamental feature of the CIS is that […]