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Jun 10, 2024 · The scheme sets out the rules for how payments to subcontractors for construction work must be handled by contractors in the construction industry and certain other businesses.
Apr 29, 2021 · a contractor ends a contract because they disagree with a client decision on status. This includes any decisions that clients may have made to prepare for the April 2020 changes, which were...
- The off-payroll working rules are designed to ensure individuals working like employees but through their own limited company (often known as a ‘pe...
- HMRC will not open a new compliance enquiry into a contractor’s return for tax years before 6 April 2021 in circumstances where: a client decides t...
- If you contract for a medium or large-sized organisation outside the public sectorFrom 6 April 2021, your client is responsible for deciding your e...
- Your client must take reasonable care when making a decision about whether the off-payroll working rules apply.Applying a decision to a group of of...
- If you disagree with the decision made by your client on your employment status for tax, you will be able to raise your concerns through your clien...
- These changes do not affect whether you can work through your own limited company, generally known as a ‘personal service company’, or ‘PSC’. This...
- Most tax avoidance schemes don’t work, including those that may claim to be tax efficient or offer to increase your take-home pay. If something loo...
- Your employment status for tax, whether you are employed or self-employed, is not a matter of choice. It depends upon the terms and conditions of a...
- The off-payroll working rules only apply to individuals who are working like employees under the current employment status tests for tax, and do no...
- HMRC continue to provide help and support for contractors to understand the rules. Information about the support available, including webinars, can...
Under the Construction Industry Scheme (CIS), contractors deduct money from a subcontractor’s payments and pass it to HM Revenue and Customs (HMRC).
6 days ago · As of 8pm, more than 5,000 were cancelled across the globe - out 110,000 scheduled; There were long queues at multiple UK airports, but Heathrow and Edinburgh say operations are now returning to ...
Mar 26, 2021 · The Construction Industry Scheme sets out the rules for how you, as a construction contractor, must handle payments to subcontractors and certain other businesses. Contractors are responsible for registering with the scheme, deducting tax from your payments to subcontractors, and passing it to HMRC.
Aug 12, 2023 · If you work for an employer. If you’re a sub-contractor. The Construction Industry Scheme (CIS) affects the way that subcontractors in the construction industry pay tax in the UK. In this article we explain who is affected, what will happen if you are, and what you need to do next. What is the Construction Industry Scheme?
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Apr 6, 2024 · Basics. The Construction Industry Scheme (CIS) is a HMRC scheme which applies if you work for a contractor in the construction industry but not as an employee, so for example as a self-employed individual.
