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Issue:
4443
/
Categories:
Comment & Analysis
, Construction industry scheme
, Admin
, Business
, Companies
Reasons for HMRC’s tardiness in making construction industry scheme repayments
KEY POINTS
- Claims work was moved to Longbenton for 2011.
- Improvements in handling work in 2011 and 2012.
- Lengthy verification process.
- HMRC plan to review claims in 15 days.
People can say whatever they like but when they put their money down they tell the truth. I forget when I first heard this but generally have found it to be accurate.
Perhaps less so when it is someone else’s money but this will be the acid test for HMRC’s Lin Homer and Ruth Owen when they consider how to resource the forthcoming season of 2013/14 repayments.
For years recovering surplus construction industry scheme deductions for limited companies has been the subject of serious dissatisfaction among businesses in construction and their accountants who cannot understand why it should be so...
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