Set to be implemented from April 2025, HMRC intends to introduce significant changes to the reporting requirements for owner-managed businesses and employers
The latest results for the Essex-headquartered family-run construction company are out, with a forward order book of £860 million.
The Aldridge-headquartered groundworks and civils specialist has reported a series of losses in its latest financial results.
Revenue for the year ended 31 December 2023 was £325.6 million, down from the £382.6 million achieved in the previous financial period, generating a pre-tax loss of £62.1 million (FY2022: £41.8 million loss).
Nottinghamshire-based firm recently announced further job cuts and cost-saving initiatives to cope with lower demand from housing and infrastructure.
The Hampshire-headquartered contractor saw good performances in the energy and marine sectors push up its financial results.
J&D Pierce Contracts Limited said main operational factors concerning the business are delays in starting projects.
Construction trade websites need an overhaul to ensure they comply with consumer law.
CEO Alan Dunsmore said the business had delivered profits ahead of expectations.