Regulation 26 Amendments to Part IV of the principal Regulations

For regulation 35 the following regulation shall be substituted—

“Delivery of gross payment voucher by a sub-contractor

35

(1)

This regulation applies where—

(a)

a sub-contractor’s tax certificate is issued in one of the forms specified in paragraph (2), (4) or (5) of regulation 24, and

(b)

a contract payment is made to the relevant sub-contractor, or the user of that sub-contractor’s certificate, without the deduction imposed by section 559.

(2)

Where this regulation applies, the user of the sub-contractor’s tax certificate or, where the sub-contractor is a company, a user who is a director or the secretary of the company, shall—

(a)

in respect of all contract payments made to the sub-contractor or the user as mentioned in paragraph (1)(b), or

(b)

where the contractor so requests, for each such contract payment made,

within a period of one income tax month, complete in triplicate a gross payment voucher in the form designated CIS24 in Schedule 1, with the particulars mentioned in regulation 38(a), signed by him in accordance with regulation 38(b) and shall give those copies of the voucher to the contractor no later than fourteen days after the end of the income tax month in question.

(3)

The contractor shall complete the copies of the gross payment voucher with his distinctive reference number and shall return the copy of the voucher marked “Subcontractor copy” to the sub-contractor, and send the copy of the voucher marked “Inland Revenue copy” to a person nominated by the Board, at an address specified by them.

(4)

A contractor shall make every effort reasonable in the circumstances to obtain such a gross payment voucher for or in respect of every such payment made by him.”