This section gives a brief outline of the new Construction
Industry Scheme (CIS). It also defines certain terms that are used
in relation to the Scheme and the arrangements for the taxation of
payments made from 6 April 2007 by businesses and other
concerns in the construction industry.
The new Scheme takes over from the 'old' Scheme that was in
operation from 1 August 1999 until it ceased on
5 April 2007.
