The Income Tax (Sub-contractors in the Construction Industry) (Amendment) Regulations 2004

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

7.—(1) Amend regulation 16 as follows.

(2) In paragraph (1)—

(a) after “within” insert—

• “(a)

  ”; and

(b) after “end of a year” insert—

• “, or

  (b)

  if payment is made by an approved method of electronic communications in respect of amounts deducted from contract payments made by the contractor after 5th April 2004, 17 days after the end of a year,”

(3) At the end of paragraph (3) add “or the 17th day after the end of that year if payment is made by an approved method of electronic communications in respect of amounts deducted from contract payments made by the contractor after 5th April 2004”.