The Construction Industry Scheme (CIS))

The Construction Industry Scheme (CIS))

The Construction Industry Scheme (CIS) was introduced in 1971 to combat serious tax evasion in the industry.   The CIS scheme has rules as to how contractors should make payments to sub-contractors. What are contractors? Contractors typically provide agreed services...
Explaining the CIS scheme

Explaining the CIS scheme

Explaining the CIS scheme is this weeks I Hate Numbers podcast.  Read more to see what is covered Firstly, what the CIS scheme covers Secondly, what a contractor or subcontractor is Thirdly, requirements are in terms of reporting, in terms of registration, Fourthly,...
CIS Deductions: Do them right

CIS Deductions: Do them right

To clarify, making the correct Construction Industry Scheme (CIS) deductions is one of the schemes conditions.  So, are you doing it correctly? Firstly are you working in construction? Secondly are you a contractor, subbie, advisor, all of those? If so this article...