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construction furlough

Number of furloughed construction workers still on the rise

With the furlough scheme now extended until September, new HMRC data shows a 25% increase in headcount for furloughed construction employees, with 244,100 people on furlough at the end of January.
Reverse vat charge

Calling all contractors: Are you ready for the new VAT reverse...

Following initial delays in its implementation, the new VAT reverse charge regime is finally coming into force from 1 March 2021 and will impact employers, developers, contractors, consultants and subcontractors.
changes to the IR35 legislation

Majority of construction companies aren’t ready for changes to IR35

70% of medium and large UK construction companies are not fully prepared for upcoming changes to the IR35 legislation, according to a survey by Randstad.
Vijay Madhaparia

Developer jailed for ‘deliberate deceit and dishonesty’

Developer Vijay Madhaparia has been sentenced to 27 months in prison after he falsified documents from the tax authorities.
IR35,

IR35 changes: Hudson Contract urges contractors to seek expert help

HMRC warns businesses to prepare for IR35 changes, as Hudson Contract urges contractors and freelancers to avoid blanket determinations or quick fixes.
VAT reverse charge for construction

VAT reverse charge for construction: Delayed but not dropped

Phil Hall of the Association of Accounting Technicians (AAT) explains why no government is likely to abandon the domestic VAT reverse charge for construction.

Construction boss banned for falsifying tax returns

A construction boss from Coatbridge, North Lanarkshire, has been banned from running companies for nine years after he caused HK Construction to submit false tax returns.
furlough abuse

HMRC to investigate furlough abuse

Property and construction firms are at the centre of HMRC's investigation into employers it suspects of abusing the furlough scheme.
Trade Credit

Guidance on trade credit insurance to support construction supply chain

The Construction Leadership Council (CLC) Covid-19 task force has published Trade Credit insurance guidance to support construction businesses.
CITB levy,

Hudson intensifies calls to scrap CITB Levy

87% of construction professionals want to scrap direct funding of CITB and end the CITB Levy, according to a survey by Hudson Contract.
Trade Credit Insurance,

Trade Credit Insurance guarantee to support construction companies

Government to provide guarantees of up to £10bn to Trade Credit Insurance schemes for business-to-business transactions.
Cut VAT, Green Alliance

Cut VAT in construction for a green recovery, urges report

The government should cut VAT on renovating buildings, in line with the VAT on new builds, to help revitalise the construction industry after coronavirus, says a new report from Green Alliance
Furlough scheme,

Furlough scheme extended until October

The furlough scheme has been extended for a further four months until October, as workers will continue to receive 80% of their current salary.
construction businesses,

Only 12% of Covid-19 loans approved for construction firms

Research by the CLC has revealed that only 12% of applications for Government-backed loan schemes have been approved to help construction businesses.
Coronavirus Job Retention Scheme,

CICV Forum hails Coronavirus Job Retention Scheme rollout

The Construction Industry Coronavirus (CICV) Forum has praised the “speed and efficiency” of the Coronavirus Job Retention Scheme rollout but warns the real test lies ahead.
Coronavirus Job Retention Scheme, construction workers,

Temporary construction workers shut out of job retention scheme

Hudson Contract has warned that temporary construction workers are being shut out of the government’s Coronavirus Job Retention Scheme.
constructions companies,

Unpaid construction invoices to reach £1.5bn due to COVID-19

The economic disorder caused by the coronavirus pandemic will mean constructions companies have to write-off £1.5bn in unpaid invoices in 2021, according to new analysis.
retention money, contractors,

Clients must release £4.5bn retention money to contractors, urges BESA

Construction clients must release £4.5bn retention money currently being withheld from contractors, urges the Building Engineering Services Association (BESA).
financial uncertainty,

New workers face financial hardship due to furlough loophole

Many workers who moved jobs in the past month face financial uncertainty, as calls for Government to widen its support grow.
furloughed, MJ Gleeson,

MJ Gleeson furloughs 76% of its workforce

Urban regeneration specialist, MJ Gleeson has furloughed 76% of its workforce in a bid to lessen the financial impact of coronavirus.
furlough, CITB,

CITB to furlough a number of staff to ‘protect construction money’

The Construction Industry Training Board (CITB) is preparing to furlough a number of its staff to ‘protect construction industry money’ in the face of the coronavirus crisis.
SMEs, construction,

What can SMEs in the construction industry do to survive coronavirus

Lyndon Wood, CEO of constructaquote.com, explores what SMEs can do to survive current challenges and what the future will look like once coronavirus is over.
construction,

CLC chair urges government to better protect construction

Andy Mitchell, chair of the Construction Leadership Council, has sent a letter to PM Boris Johnson putting forward a plan to sustain the industry and accelerate economic recovery.
self-emplyed, self-employment

Self-employment support needs to be done sooner, says RTPI

The RTPI has urged the government to bring forward the help for self-employed workers as the scheme will not be up and running until the beginning of June.
construction work,

Only emergency and critical construction work should continue, says FMB

Only emergency construction work should be allowed to continue order to protect the health and of construction workers, argues the Federation of Master Builders (FMB).
Self-Employed Income Support Scheme, construction workers,

Self-employed construction workers to get £80% of average monthly profit

UK’s self-employed construction workers will get a grant of 80% of their average monthly trading profit over the last three years up to £2,500, the chancellor has announced.

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