Can anyone please explain Construction Industry tax to me, and reverse charge VAT, as though I'm 7 years old please? It's all automated on my system but even after 18 months I don't really understand it.
Thank you
I got a question for those who are CIS and file their own self assessment. I use public transport how should I calculate it? Is there a flat rate for public transport? What about food, can I claim anything if I'm 10 hours away from home?
Hi everyone!
Situation: I'm an electrical apprentice without employment atm. I have been offered work in the near future, with a subcontractor on a big London site. The other day, I registered with the CIS
I'm registered self-employed (have been landscaping past 15 odd years). I have a business...
Hi
Some advice would be appreciated.
im a Qualified employed social Housing Electrician.
I was asked to help on a commercial project from another company.
I’ve taken 20 days holiday to work as I’m interested to learn different works.
I’m due to start tomorrow and the guy has said he needs my...
I’m part of the CIS scheme. Like many builders we are employed by everything but name (we are self employed). I’ve been working for the same company for over 20 years ( a very good company), they deduct tax from me at source. Today they took the very understandable decision to suspend all work...
Hello folks,
I'm currently working with an agency but just as PAYE. I'm waiting on my UTR number to register for CIS. Just have a few queries to clear up.
I've been told by the lads on-site that I'm not employed by the agency but by the payroll company I use, so would I need to tell the...
billing a contractor for whom i sub for and just looking to the guys who have got previous of this scenario.
I billed him my toatal hours x agreed hourly rate. I added vat to the total and minus the cis (20% before adding vat) from the total. Now the contractor is saying i should minus the cis...
Hi everyone,
I've been offered temporary work through Girling Jones Recruitment Agency at Ikea site in Exeter as an improver. They were advertising it at £10 per hour.
So decided to go for it as it would be good experience etc.
Had an email from them stating "£7.94 per hour (£10.00 per hour...
Hi
I registered with the CIS a couple of months ago and wanted to know if I need an accountant to handle my tax rebate at the end of the year?
If so, if anybody can recommend someone who specialises in this area? I'm in Manchester.
Cheers
Hi Everyone,
Hoping you can help me as I am a bit confused with CIS payments and Directors salaries etc. I recently set up my LTD company and just starting to trade. I am meeting my accountant next week and hopefully they will be able to shed a more comprehensive view on the matter. Basically...
Hello
Can someone please point me in the right direction with regards CIS and my business? Please be gentle as this is my first foray into the realms of CIS, having previously being employed and since then being self employed (doing 'jobs' as opposed to subcontracting work which would fall...
I am currently exploring using CIS payment as a means of being paid whilst subbing work.
I only do electrical work part-time so would like to do it in the most cost effective manor.
A friend has told me that he had 30% deducted due to being employed PAYE elsewhere.
Does anybody get paid or...
Hi guys,
First post on the forum so go easy on me.
Ive been an electrician now for 12 years and started off as an apprentice and served my time under Lorne Stewart in Bristol. I left Lornes a year after coming out of my time and have been 'self employed' ever since (7 years).
It started off...
So girls and guys, its Friday and I noticed this on the BBC website:
BBC News - Iceland drops EU membership bid
Have they done the right thing?
Will they regret it later?
Will import taxes be imposed on Icelandic produce when it arrives in the EU?
Are we envious?
Could this the beginning...
OK here is the scenario....you work for a builder who is CIS registered, you are CIS registered too, he deducts your tax from your invoice to him @ 20%, this is for your labour only and excludes material costs. However you have purchased 10 double sockets for the job @ £4 each and sold them to...
Hi,
ok im either stupid or something but did a days work for someone last month and a few days for someone else, we agreed a price per day and now they are coming to pay me they are saying they must knock 20% off and want my UTR number etc...
I said on your bike, you pay me the full invoice...
Please tell me about Luminaries and if they have/ pose certain issues when undergoing testing ..
Lots of conflicting info out there eg some units unsuitable for 500 v dc insulation test.. some have high earth leakage currents and need special labelling ....
I seek to be enlightened (Pardon...
Got home at 4 the Mrs and her sister are laying laminate floors all I have done is watch tv and eat my dinner which she made and go on here.if I ask for a cup of tea do you think I am taking the p ? They are still working
Hi guys looking for some help to save me hours on a phone to HRMC as i can't find the answer online... ok here goes and i hope its not to rambled
I do a £10,000 job for a main contractor ( labour only) he stops me £2000 under the CIS scheme simple.... now i get a little lost because my Sub...
These Official Forum Sponsors May Provide Discounts to Regular Forum Members - If you would like to sponsor us then CLICK HERE and post a thread with who you are, and we'll send you some stats etc