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CIS

Construction Industry Scheme What is Tax-Deductible

Construction Industry Scheme: What is Tax-Deductible?

News /

Contractors in the construction industry have big regular construction industry scheme (CIS) tax obligations and responsibilities. A contractor will have to get relevant financial and fiscal details regarding the subcontractor they plan to use to carry out construction work. The contractor will then have to ‘verify’ them. This means going online, submitting the appropriate details […]

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Construction Industry Scheme CIS

Construction Industry Scheme – Be Aware of the ‘Trap’ when Working with Other Contractors

General /

The Construction Industry Scheme (CIS) sets out special rules for tax and national insurance contributions for those working in the construction industry: be they companies, partnerships or self-employed individuals. The CIS applies to construction work and jobs such as alterations, repairs, decorating and demolition. Although the burden of operating CIS is mainly that of the

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