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Inheritance tax reform
Through our umbrella body Build UK, FIS is supporting Family Business UK’s calls for the Government to consult on the changes to inheritance tax announced in the last Budget. In an open letter to the Chancellor, 32 trade associations have warned that changes to...
Government announces changes to reporting on payment practices and company size thresholds
Changes from January 2025 Reporting on Payment PracticesUnder the Reporting on Payment Practices and Performance (Amendment) Regulations 2024, new reporting requirements have been introduced for companies in scope of the reporting requirement. These new requirements...
Common Assessment Standard
The Government has published the Procurement Specific Questionnaire for use by public sector clients under the Procurement Act from 24 February 2025, which confirms that the Common Assessment Standard, developed by Build UK, should continue to be used for...
CPA Trade Survey reports mixed third quarter for firms in the construction supply chain
At a headline level, it was a mixed third quarter for firms in the construction supply chain. Construction product manufacturers reported a second quarter of growth in sales volumes, although for the heavy side, sales remained lower than a year earlier. Civil...
OPSS survey on Bespoke construction products
The Office for Product Safety & Standards (OPSS) has commissioned the Centre for Strategy & Evaluation Services (CSES) to conduct a study to develop its evidence base on "bespoke" construction products. This research will review current practices regarding the...
The Responsible No: New guidance – don’t risk it all on an amended contract
Establishing clear contractual arrangements from the outset of any construction project is critical. This is a core conclusion from virtually every review of the construction sector. As far back as 1866, The General Builders Association put out the following...
National Construction College Interior Systems Installer Provision
FIS is working with the National Construction College (NCC) Bircham Newton to deliver the Interior Systems Installer Apprenticeship – Ceilings pathway. Interior System Installer (Ceilings and Partitions) Apprenticeship The Interior Systems Apprenticeship (Ceilings and...
Navigating the Construction Landscape in 2024: FIS’s Commitment to Members
As we step into 2025, the construction industry continues to face a myriad of challenges. Economic and political uncertainties, the lingering effects of COVID-19, and a complex regulatory environment have made this decade anything but easy for businesses in the...
Addressing Fire Safety: Insights from CROSS Reports on Cladding and Sprinkler Systems
FIS is aware of reports raised through CROSS (Collaborative Reporting for Safer Structures UK) that highlight potential problems that members need to consider regarding passive fire protection implications around cladding and active fire protection implications of...