The Chartered Institute of Taxation (CIOT) has backed proposals to remove tax deductions made on payments by landlords to tenants for construction works on properties. The Construction Industry Scheme ...
QUESTION: We are a relatively new construction company and were advised that we had to register under the Construction Industry Scheme (CIS) both as a contractor and also as a subcontractor. We are ...
The construction industry scheme (CIS) is a tax system in the UK that sets out and governs how contractors and subcontractors working in the construction industry handle tax payments and deductions.