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|| Yes No Gross |
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.
Follow our blog via email
Enter your email address to follow this blog and receive notifications of new posts by email.