Replies to Queries - 1

Our client is a sole trader in the construction industry scheme and at present holds a registration card. His accounting year ends on 31 March and during the months of February and March 2001 he invoiced various contractors for subcontract work carried out. Although the work was completed within the year ended 31 March 2001 and invoiced before that date payments to him less deduction of tax at 18 per cent under the construction industry scheme were not made until May and June 2001. Accordingly although the income is brought into his accounts for the year ended 31 March 2001 as year-end debtors the certificates CIS 25 detailing the substantial tax deductions were dated in June and July 2001. The result appears to be that the tax deductions could not be entered on our client's return form as tax deducted in the year ended 5 April...