What Exactly is CIS Returns and Its Impact on the Construction Industry?
What Exactly is CIS Returns and Its Impact on the Construction Industry? The construction industry has to consider all the specified regulations while filing tax returns. Construction Industry Scheme [CIS] is one such scheme in the UK that is important to regulate the tax payments to the construction industry. CIS is applicable to contractors and […]
What is a CIS Return?
What is a CIS Return? What is the Construction Industry Scheme (CIS)? The CIS is an HMRC program that applies if you work for a contractor in the construction business as a self-employed individual rather than as an employee. According to CIS laws, the contractor is normally required to deduct tax from your payments, at […]
