A Practical Guide to Subcontracting

A Practical Guide to Subcontracting

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Concise review of the rules and regulations for employing labour directly, labour-only subcontractors or supply and fix-sub-contractors. Also offers practical advice on the tax deduction scheme and how to avoid falling foul of the Inland Revenue.PROCEDURES. TherearefourimportantreasonswhySubContractorsrecordsshould be kept distinct in the accounts systemfromotherrecords. ... The cost and value of a€œown worka€ must be kept separate in the books from the cost and value ofa€œSupplyand fixsubcontractorsa€ work (this doesnotapply to ... andfinally enter particulars oftheTax Certificate inaTax Certificate Register, andreturnthe certificate toitsowneranbsp;...

Title:A Practical Guide to Subcontracting
Author: R. Jones
Publisher:Routledge - 2003-09-02

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