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Calculate CIS Tax Deductions.
This calculator helps calculate any necessary CIS Tax Deductions.
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.
Contact FFigures Chartered Accountants today for more information or a free no obligation quote.
Chancellor Sajid Javid has announced that he will deliver the 2020 Budget on Wednesday 11 March 2020.
The government has announced the largest increase since the National Living Wage was introduced two decades ago.