Scam???

[Rough Hewn]

So I got a call from the contractors wife,

She's saying they might have to tax me at source???

Because I'm felling on a construction site.

I'm self employed, have been since 2013.

Worked for loads of different companies.

Never heard this before.

Anyone?

[Mark Bolam]

Standard these days mate, CIS.

They’ll nab 20% of what you invoice, which you then offset against your tax return.

Registration is pretty straightforward, but you need the right one.

There’s a thread on here somewhere which someone more intelligent than me will be able to link.

[Rough Hewn]

Standard these days mate, CIS.
They’ll nab 20% of what you invoice, which you then offset against your tax return.
Registration is pretty straightforward, but you need the right one.
There’s a thread on here somewhere which someone more intelligent than me will be able to link.

WHAT???
Since when?
I'm an arborist, not a builder.
Worked on sites loads, never had this before.
[emoji51][emoji51][emoji51]

[Gary Prentice]

What Mark said. 

I don't know about individuals but companies get a 'balance sheet' a few times a year detailing how much has been held back on all of the jobs you've done.

 

its a method to insure the tax man gets his cut at source

[Gary Prentice]

2 minutes ago, Rough Hewn said:

WHAT???
Since when?
I'm an arborist, not a builder.
Worked on sites loads, never had this before.

It's not new. 

If it hasn't been deducted by the main contractor it should have been. I think the tax man can go after them because they're meant to pay over CIS payments.

[Rough Hewn]

I'm not a builder though.
I'm not working for a builder.
I'm an arborist working for Arborists.

[Rough Hewn]

I pay my taxes anyhow.
[emoji51][emoji51][emoji51]

[eggsarascal]

7 minutes ago, Rough Hewn said:

I'm not a builder though.
I'm not working for a builder.
I'm an arborist working for Arborists.

It doesn't matter if you are a brain surgeon on construction sites CIS trumps you.

[Mark Bolam]

I argued the toss but it didn’t fly.

[Mick Dempsey]

I was just about getting away with it 20 years ago, I’m not surprised they’ve closed the loophole.

 

No escape.