http://www.legislation.gov.uk/uksi/1999/825/contents/made

The Income Tax (Sub-contractors in the Construction Industry) (Amendment) Regulations 1999

Income tax

National insurance

King's Printer of Acts of Parliament

2011-07-04

INCOME TAX

Regulation 9 of the Income Tax (Sub-contractors in the Construction Industry) Regulations 1993 (S.I. 1993/743) (“the Sub-contractor Regulations”) enables a contractor to account to the collector for amounts which he was liable to deduct from payments to sub-contractors in the construction industry made by him in any quarterly period in a year of assessment within 14 days of the end of that quarterly period, rather than having to account within 14 days of the end of any income tax month for amounts which he was liable to deduct from payments made in that month. The contractor may only account on a quarterly basis if he has reasonable grounds for believing that the average monthly total amount to be paid to the collector in the year of assessment in respect of amounts liable to be deducted from such payments and in respect of PAYE tax and national insurance contributions will not exceed the amount specified in regulation 9(2) of the Sub-contractor Regulations.