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CA1889 HM Revenue & Customs Hmrc Gov  Form

CA1889 HM Revenue & Customs Hmrc Gov Form

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[Music] labor fraud in construction happens when criminals create and use fraudulent labor Supply chains costing the country millions of pounds each year this is money that could help fund our Vital Public Services you need to be aware of this fraud if your business is in construction or you spend more than3 million on construction work per year or you work within the construction industry contractors must register for the construction industry scheme also known as SS subcontractors don't have to register but if they don't contractors will deduct 30% from their payments as an advance towards the subcontractor's tax and National Insurance if the subcontractor is registered deductions will be at 20% however subcontractors can apply for gross payment status meaning no deductions are taken from their payments labor fraud in construction exploits gross payment status by moving labor related SS and vat liabilities down the supply chain to companies that build up debt

Related searches to CA1889 HM Revenue & Customs Hmrc Gov

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