CIS help | on ElectriciansForums

Discuss CIS help in the Business Related area at ElectriciansForums.net

J

jonog9

Hi guys,

I have just received a job offer that is self employed to start monday. I am looking for some advice on what i need to do to regster for the cis scheme.

Any advice is much appreciated

Jono
 
When i went self employed for the first time this year, the guy on the phone at HMRC asked what my profession is. When i told him I'm an Electricians Mate, he said 'oh ok, i'll set you up under the CIS scheme then'. Was simple as that!
 
You will be issued with a UTR number(unique tax reference number),expect to wait a few weeks,some times quicker,and the firm will tax you 30% unless you have your UTR,20% tax usually,keep all your business receipts,fuel,tools,everything to do with business,you will need to set up for NICs class 2 are ÂŁ2.50 a week or something like that.
 

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