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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.
27 Nov 2020
Many businesses will struggle to survive despite the end of lockdown, according to the Confederation of British Industry (CBI).
24 Nov 2020
Looking at how business rates can be reformed and re-evaluated.