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Marked 3 years 1 month ago onto accounting

CIS TAx | CIS Tax Returns | Pro Tax Accountant

Source: https://www.protaxaccountant.co.uk/cis-tax

CIS TAx | CIS Tax Returns | Pro Tax Accountant
Under CIS (Construction Industry Scheme), contractors have to deduct money from a subcontractor's payments as tax and transfer it to HM Revenue and Customs (HMRC). The deductions count as advances payments to the subcontractor's tax and National Insurance.

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