Tax Advice

The Joint Taxation Committee (JTC) consists of representatives from 11 major trade federations operating in construction as a means of jointly lobbying on those tax issues that affect firms in the industry.

It acts as specialist resource to member trade federations providing a source of high quality technical knowledge about all the taxes that apply to construction businesses. It produces guidance for member federations and their members illustrating how normal commercial practice can be monitored and, sometimes adapted, to allow good tax compliance.

Current issues under discussion with Government and HMRC are:

  • the tax treatment of payments for project bank accounts
  • the levels of penalties experienced for minor failures in CIS

Our relationship with trade federations and construction firms gives the JTC a valuable understanding of the pressures and demands placed on construction companies in relation to tax compliance and payment. This experience is vital when lobbying Government and HMRC for those measures which will help firms in the industry meet the requirements placed on them by legislation. It is essential to be able to give examples from day to day business experience and bring forward firms who can give a personal account of how legislation or compliance requirements affect their trade.

The Construction Industry’s Joint Taxation Committee produces a monthly Newsline which FIS members can download below. This contains helpful information on industry tax issues.

Members can contact the tax helpline for free telephone advice. Further details are below.

Tax helpline

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JTC Newsline

This content is only available to members of FIS. Please login, or join us.

Current Edition – JTC Newsline – September 2020

This edition covers a new COVID-19 benefit payment for people self-isolating in high risk areas; HMRC starts the next phase of
compliance activity on the Coronavirus Job Retention Scheme (CJRS) and HMRC releases a paper on the Job Retention Bonus. In non-Covid news – P11D returns penalty letters being sent in error; new advisory fuel rates from 1 September 2020 and a reminder that Off-payroll working rules (IR35) has not gone away – remember to check who you pay for work done for you that is ‘off-payroll’.

Past editions:

JTC Newsline – August 2020

JTC Newsline July 2020

JTC Newsline June 2020

JTC Newsline – April 2020

JTC Newsline – March 2020

JTC Newsline February 2020

JTC Newsline January 2020

JTC Newsline December 2019

JTC Newsline November 2019

JTC Newsline October 2019

JTC Newsline September 2019

JTC Newsline August 2019

JTC Newsline July 2019

JTC Newsline June 2019

JTC newsline May 2019

JTC Newsline April 2019

JTC Newsline March 2019

JTC Newsline February 2019

JTC Newsline January 2019

JTC Newsline December 2018

JTC Newsline November 2018

JTC Newsline October 2018

JTC Newsline September 2018

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Liz Bridge is the secretary of the JTC and has been in post since 1990. She began her career with HMRC on their fast track scheme training graduate inspectors to take charge of local tax offices. She managed a local office, moved to tax a major bank and then went on to work on international issues in a policy role. In 1990 she left HMRC to become Head of Tax at the then Building Employers Confederation (BEC) and to run the Joint Tax Committee as it’s Secretary.