CISR44150 - Register and maintain subcontractor: turnover test: legal background to the test
| CISR Reference | Topic |
|---|---|
| CISR44600 | Action guide contents |
»Ê¹ÚÌåÓýapp legislation relating to the turnover test is found in the following sections of FA2004 and Statutory Instruments
FA2004
| Taxpayer | Reference |
|---|---|
| Individuals | Paragraph 3, Schedule 11 |
| Partnerships | Paragraph 7, Schedule 11 |
| Companies | Paragraph 11, Schedule 11 |
»Ê¹ÚÌåÓýapp Income Tax (Subcontractors in the Construction Industry) Regulations 2005
| Test | Regulation Reference |
|---|---|
| Turnover thresholds | Regulation 28 |
| Prescribed evidence | Regulation 29 |
| »Ê¹ÚÌåÓýapp Standard test | Regulation 29(1) |
| »Ê¹ÚÌåÓýapp Alternative test | Regulation 29(1) |
| »Ê¹ÚÌåÓýapp Inherited receipts test | Regulation 29(2)(b) and (c) |
| »Ê¹ÚÌåÓýapp Transferred receipts test | Regulation 29(2)(e) and (3) |
| »Ê¹ÚÌåÓýapp Prospective receipts test | Regulation 29(2)(d) |
| »Ê¹ÚÌåÓýapp Incidental receipts test | Regulation 31 |
| »Ê¹ÚÌåÓýapp Averaging rule | Regulation 29(1)(c)(ii) |