This document establishes the regulatory framework for the deduction of income tax from payments made to sub-contractors within the construction industry in Great Britain. The regulations were drafted by the British government to formalize the tax collection process for independent contractors. It provides the legal basis for the Construction Industry Scheme (CIS) and outlines the obligations of contractors when engaging sub-contractors.

Legal professionals and tax accountants view this as a foundational regulatory instrument for understanding historical tax compliance in the UK construction sector. Readers frequently note the technical and dense nature of the legislative prose, which requires careful interpretation within the context of subsequent amendments.