Case Study -Leading Building Developer Achieves Compliance with CIS Regulations

Overview

Like many construction companies, K W Linfoot regularly uses contractors to help with its larger building projects. However, from April 2007, new tax regulations radically altered the way this type of employment was recorded and managed. As part of their obligations, contractors are required to submit a detailed monthly return to the HMRC, listing all payments made to contractors and verifying their employment status. K W Linfoot was keen to ensure that its IT systems – particularly the financial aspects – were set up and ready to accommodate the changes, so that no financial penalties were incurred