UK Statutory Instrument
2019
United Kingdom
The Income Tax (Construction Industry Scheme) (Amendment) and the Corporation Tax (Security for Payments) Regulations 2019
At a glance
Enforced by
What's here
2 compliance obligations
Penalty landscape
1 of 2 obligations carry an unlimited fine. 1 has no criminal penalty — flagged in the list below.
Who this Act binds
Plus 2 non-business duties on Crown ministers, regulators, local authorities or tribunals — shown collapsed under each section below.
What this Act requires
Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.
Part 1 — Citation and Commencement
Browse 1 other section in this Part — procedural / definitional / commencement
Part 2 — Amendment of the Income Tax (Construction Industry Scheme) Regulations 2005
Browse 3 other sections in this Part — procedural / definitional / commencement
Part 3 — Corporation Tax
Notice of requirement
Unlimited fineOther duties (1) — Crown / regulator
- HMRC must provide formal notice when requiring security for tax payments Statutory regulator
Outcome of application for reduction in the value of security held
Other duties (1) — Crown / regulator
- HMRC must notify you of the outcome of your security reduction request Statutory regulator
Browse 8 other sections in this Part — procedural / definitional / commencement
Interpretation
Prescribed circumstances - requirement for security
Prescribed persons from whom security may be required
Date on which security is due
Application for reduction in the value of security held
Outcome of application for reduction in the value of security held: further provision
Appeals
Offence
Other sections — not classified into a Part
These sections exist in the Act but the contents-of-Parts walker did not place them under a Part. Likely amendments or sections inserted out of the original Part structure.
Browse 14 other unclassified sections
These Regulations may be cited as the Income Tax (Construction...
The Income Tax (Construction Industry Scheme) Regulations 2005 are amended...
In regulation 2(interpretation), in the definition of “contractor”, before “has”...
After regulation 17 (in-year repayments of provisional excess credit), insert—...
Interpretation
Prescribed circumstances - requirement for security
Prescribed persons from whom security may be required
Notice of requirement
Date on which security is due
Application for reduction in the value of security held
Outcome of application for reduction in the value of security held
Outcome of application for reduction in the value of security held: further provision
Appeals
Offence
Enforcement and responsible bodies
The regulators that administer or enforce this legislation.
HM Revenue & Customs
Tax collection, customs duties, national insurance, tax credits, and enforcement of the National Minimum Wage. Regulates all UK businesses for tax compliance …
Connected legislation
parent Act
These instruments amend, apply, or refer to this Act. They may not all create direct business obligations.
Made under
Finance Act 2004 2004 Primary Act
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Browse legislation
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Regulators
Learn more about the bodies that enforce this legislation.