Regulation 5 Amendment to the Income Tax (Construction Industry Scheme) Regulations 2005

(1)

Amend regulation 20 (reverse premiums) as follows.

(2)

In paragraph (1) at the end insert “or section 99 of the Income Tax (Trading and Other Income) Act 2005^f1 (reverse premiums)”.

(3)

In paragraph (2) for “does” substitute “and section 100(1) of the Income Tax (Trading and Other Income) Act 2005 (excluded cases) do”.

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