CIS tax deductions

Labour Charge (£):

The cost of all labour charged (net of travel and subsistence and any VAT charged by the sub contractor).

Materials Charge (£):

The cost of all materials supplied (Include VAT if the sub contractor is not VAT registered).

Payment under deduction:

Is the subcontractor verified with HMRC for payment under deduction?

Note: These calculations are only for illustrative purposes and are not a substitute for professional advice.

21 Sep 2018

Treasury Select Committee calls for 'greater regulation' of cryptocurrencies

In a new report, the Treasury Select Committee has called for 'greater regulation' of cryptocurrencies and crypto-assets.

20 Sep 2018

Data published by the Office for National Statistics (ONS) has revealed that inflation unexpectedly rose to a six-month high of 2.7% in August.

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Our summary of the key announcements from the Chancellor's latest Budget .

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