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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.

27 Sep 2022

Pension regulator warns employers over auto enrolment duties

Employers are being warned to ensure they are complying with their ongoing automatic enrolment duties by the Pensions Regulator (TPR).

26 Sep 2022

Nearly 400,000 workers at businesses that have volunteered to pay the Real Living Wage are set to get a record pay boost.