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 Nov 2018

Statistics reveal 'sugar tax' has generated £153 million for HMRC

Data has revealed that the Soft Drinks Industry Levy generated £153.8 million for HMRC in the year-to-date, up to the end of October.

20 Nov 2018

Older employees 'would welcome flexible working', survey suggests

A survey carried out on behalf of the Department for Business, Energy and Industrial Strategy (BEIS) has found that the majority of workers aged over 50 would 'welcome more flexibility' in the workplace.

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CIS tax deductions

Statistics reveal 'sugar tax' has generated £153 million for HMRC

Older employees 'would welcome flexible working', survey suggests

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