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.
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