Tuesday, June 21, 2011 - 09:43
The Health and Safety Laboratory (HSE) has launched a new online software package aimed at helping construction contractors and managers learn how to make health and safety improvements in their businesses.
Wednesday, June 15, 2011 - 10:34
CLiP IT Solutions have released a new module for their CIA (Construction Industry Accounts) software.
Contract Sales Stages:
allows customers to set the various stages and amounts at which they can claim money as specified within their original contract. Once these have been completed an Application for Payment can automatically raised with the correct descriptions and amounts.
The flexibility has been built in to deal with any variations that occur, and ensure they are dealt with and included on Applications as they are raised.
Tuesday, June 14, 2011 - 09:26
Signs of a recovery in private sector work may ease the pain of a double-dip recession in the construction industry in the wake of severe government spending cuts at the end of 2010 according to Reuters.
"The underlying trend should brighten a little bit (in the second half)," Allan Wilen, economics director at construction industry analyst Glenigan, told Reuters.
Wednesday, June 8, 2011 - 11:45
Companies could be asked to publish details of their environmental and social impacts alongside their financial accounts under new rules being discussed with the organisations that set accounting standards.
Thursday, June 2, 2011 - 13:47
Construction and property companies accounted for 21% of all companies falling into administration in 2010, according to research by the business advisory firm Deloitte.
Construction was hardest hit sector in the economic downturn during the year, with a 453 construction and property companies went into administration, however, the number was down 34% from 2009 when 683 companies in the Construction Industry went into administration.
Tuesday, May 31, 2011 - 08:54
Activity in the UK construction industry picked up faster than expected in May, helped by a strong rise in new orders, according to survey of purchasing managers by CIPS/Markit .
The CIPS/Markit headline construction purchasing managers' index (PMI) rose to 54.0 in May from 53.3 in April. Economists had forecast a modest pick-up to 53.6.
The survey said that employment in the construction sector increased for the first time since June 2010 and that companies were their most optimistic in a year about future activity.
Tuesday, May 24, 2011 - 09:41
HMRC has announced an initiative to crack down on VAT rule breakers focusing on individuals and businesses who are trading above the VAT threshold but who have not yet registered for VAT.
Tuesday, May 17, 2011 - 10:40
An increase in the underlying value of construction projects started over March and April took the index to levels not seen since July. However, weakness across the construction industry, partually caused by reduced government spending and a faltering housing market, meant that new work was still significantly below last year, according to James Abraham, Economist at Glenigan.
But despite an improvement over March and April on the low value of new work over the winter, the building industry recovery is still dwarfed by the rapid gains made last spring.
Tuesday, May 10, 2011 - 13:11
The Prime Minister adopted the building industry’s campaign slogan "Get Britain Building" when he expressed concern about the latest output figures, which showed the overall economy grew by just 0.5% during the first quarter of 2011.
Get Britain Building (GBB) is a pan-construction industry campaign determined to get government - this or the next, regardless of party - to recognise the value of the construction sector to the nation and to use it to rebuild the UK economy.
Tuesday, May 3, 2011 - 11:07
Form P35 for the year 2010-2011 is due for completion on or before 19 May 2011. If the return is submitted late you may receive a penalty. Although it is not a legal requirement to submit Construction Industry Scheme (CIS) monthly returns online, in all but a very few exceptional circumstances it is mandatory to file the form P35 electronically. Failure to do so may also incur a penalty.
To help you complete the contractor’s part of the form P35 correctly, listed below are a few dos and don’ts