SCHEDULE 6 Construction Industry Scheme: Amendments
Finance Act 2021 (2021 c 26) | Legislation

SCHEDULE 6 Construction Industry Scheme: Amendments

Section 30

Introductory

1

Chapter 3 of Part 3 of FA 2004 (construction industry scheme) is amended as follows.

Contractors

2

(1)     Section 59 of FA 2004 (contractors) is amended as follows.

(2)     In subsection (1), for paragraph (l) substitute—

“(l)     a person carrying on a business at any time if, in the period of one year ending with that time, the person's expenditure on construction operations exceeds £3,000,000.”

(3)     For subsections (2) and (3) substitute—

“(2)     But this section only applies to a body or person falling within any of paragraphs (b) to (fa) or (h) to (k) of subsection (1) at any time if, in the period of one year ending with that time, the body or person's expenditure on construction operations exceeds £3,000,000.

(3)     Where the condition in subsection (1)(l) or (2) is met in relation to a body or person at any time, the body or person may elect for the condition to be treated as no longer being met if, at that time, the body or person is not expected to make any further expenditure on construction operations.

(3A)     Where the condition in

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