Part 3Income tax, corporation tax and capital gains tax

Chapter 3Construction industry scheme

Introduction

57Introduction

1

This Chapter provides for certain payments (see section 60) under construction contracts to be made under deduction of sums on account of tax (see sections 61 and 62).

2

In this Chapter “construction contract” means a contract relating to construction operations (see section 74) which is not a contract of employment but where—

a

one party to the contract is a sub-contractor (see section 58); and

b

another party to the contract (“the contractor”) either—

i

is a sub-contractor under another such contract relating to all or any of the construction operations, or

ii

is a person to whom section 59 applies.

3

In sections 60 and 61 “the contractor” has the meaning given by this section.

4

In this Chapter—

a

references to registration for gross payment are to registration under section 63(2),

b

references to registration for payment under deduction are to registration under section 63(3), and

c

references to registration under section 63 are to registration for gross payment or registration for payment under deduction.

5

To the extent that any provision of this Chapter would not, apart from this subsection, form part of the Tax Acts, it shall be taken to form part of those Acts.