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The cost of all labour charged (net of travel and subsistence and any VAT charged by the sub contractor).
The cost of all materials supplied (Include VAT if the sub contractor is not VAT registered).
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.
22 Oct 2024
The government has launched the British Infrastructure Taskforce, which will aim to boost business confidence in UK infrastructure investments and unlock private investment.
21 Oct 2024
According to the BBC, the government is planning inheritance tax (IHT) increases at the Autumn Budget on 30 October.