From 19 October, HM Revenue & Customs (HMRC) will start charging penalties for all CIS returns not received by the due date, namely the 19th of every month. This includes returns due from the start of the new scheme between May and September, including nil returns.

Proposals to cut the 109m tonnes of waste produced annually on construction sites in England and Wales have been broadly endorsed by the building sector.

As the September deadline for tax returns approaches, Andy Hardy from TaxCalc.com demystifies the tax returns process and offers top tips on how you can ensure that you don’t get caught out by the taxman.

Nearly one in three construction refurbishment sites inspected put the lives of workers at risk, according to the Health and Safety Executive (HSE).

A major professional tax body has highlighted the problems caused by VAT registration delays and called for a inquiry into the matter and for compensation to be paid to businesses who have suffered financially.

A small business group has told the Government that it should ensure that workers are legal rather than expect small firms to carry out the necessary checks.

Uninsured or underinsured business owners whose premises suffered flood damage can benefit from major tax savings – but only if they stick to the rules.

The Federation of Master Builders (FMB) has added its weight to the rapidly growing business lobby against the recommendation by MPs that local authorities be giventhe power to levy unlimited supplementary business rates.

The proportion of all IT contractors who work in the engineering sector has almost doubled in just 12 months, as preparations for the 2012 Olympics accelerate, reveals research from giant group plc, the contractor services provider.

HM Revenue and Customs (HMRC) has announced that it will retrospective legislation to waive interest and surcharges on tax paid late due to the recent floods.