Construction Industry Accounts News

Federation of Master Builders urges government to introduce reforms to stimulate the construction sector to get growth back in the economy.

Brian Berry, FMB chief executive, said: "The Government will find it very difficult to get sustained growth in the economy while the construction industry remains depressed."

"Construction is essential to the wellbeing of the wider economy because of the variety and quantity of jobs it creates from apprentice bricklayers to world-leading architects."

Activity in the UK Construction Industry unexpectedly accelerated in March as orders rose at the fastest rate in four years.

Building companies feel more optimistic about the outlook being the sign that Britain's economy is on track for recovery. The surprise jump in the Markit/CIPS construction Purchasing Managers' Index to 56.7 from February's 54.3, hitting its highest level in 21 months, indicates that the need for more stimulus from the Bank of England is fading.

We have released the Tax Year End update for Construction Industry Accounts (CIA) Software on Monday 19th March 2012. The latest version is:- PAYE Plus (Version 2.3 (Build 33)). This latest version of the software contains the necessary programs to enable you to finalise the Tax Year End on the Payroll. Please follow the separate instructions "PAYE Plus Tax Year End 2012" for this.