HMRC employment status indicator tool launched for construction companies
The Check Employment Status for Tax tool (CEST) allows company bosses to check whether a worker should be classed as employed or self-employed, for tax purposes. more»
builders
British Business Bank boosts small housebuilder lending with £500m Enable Guarantee
The transaction marks the first time the government-backed BBB has used the Enable Guarantee specifically to finance the housebuilding sector. more»
Government urged to fix housing crisis with more building loans for small firms
Policy makers have been told to deliver more building loans for small construction firms, after a trade organisation declared government strategies had failed to fix Britain’s housing crisis. more»
Small building firms enjoy growth despite rising costs
In 2017, small UK construction business owners have seen workloads increase at the fastest rate since before last year's Brexit vote, according to the Federation of Master Builders (FMB). more»
Small property developers suffer most from lack of competition
The government’s failure to diversify the UK house-building market has put 80 per cent of small property developers out of business since the last housing boom in 2007, according to new research. more»
IPT hike could encourage cowboy builders and punish honest firms
Increases to the insurance premium tax (IPT) could lead to a surge in cowboy builders and undermine small construction firms that properly manage risks, industry bodies have warned. more»
Thousands of small building firms hit by rising material prices
A new survey has revealed the extent to which increased costs have affected small building firms across Britain, following the depreciation of the pound throughout the second half of 2016. more»
