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2 hours ago, ChunksBigBro said:

They can take it from you if your not cis registered, they will take 30% if you arnt registered, they should give you a cis statement that you can use towards your tax bill.  Look at it as you have £1600 saved towards your tax bill. They can only take it on the labour element of your invoice though! So invoice labour, waste and " plant hire" seperatly as the waste and plant hire are cis exempt

So they then pass that money to HMRC?

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As chunkybigbro said make sure you get that cis statement.

 

Cis, nice and easy way for hmrc to get tax as they are forcing someone else responsible for tax collecting.

 

Chasing amazon and google, phaa sounds like hard work.

 

 

 

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It's 16 hundred quid that the op thought he'd got to play with. It may well be his problem for not checking the T&C's, but I'd be miffed if it was sprung on me at the last minute.

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Yes, the main contractor will give the money they take from you to hmrc. Basically they take your real money, give you paper money back, so you can use paper money to pay your tax! If you are not reg for cis they will take 30%, if you do register they will still take 20%, the only way to stop it is to register as gross, but there are cis turnover criteria to meet for gross so if you only do a few jobs a year subjected to cis you prob wont meet the criteria for gross. 

 

If you just put in a £10k invoice for "tree work" they will take £3k cis money from you.

 

if you put in a £10k invoice with £1k waste, £4k plant hire ( you chipper) and £5k labour they would only take £1500 cis money.

 

just dont take the cronic piss or it will get rejected, or investigated by hmrc

 

£9900 waste and £100 labour will not pass

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Cis is something that we should all be aware of. You can register as a contractor or sub contractor. If you work FOR a company doing construction they will take cis money from you. If YOU are doing construction and engage a subby YOU should register as a contractor and deduct cis money from your subbys. Its not optional either, it is a law.

 

its a much overlooked law, but it is as powerfull as PAYE and self assessment. 

 

Stricktly speaking if you dabble into fencing or paving to fill dead time and you employ casual labour, you should reguster for cis as a contractor and dock you casual labour for cis money

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Basically if your work is linked to the construction industry, expect CIS to apply.

 

clearing trees for a new build

cutting back branches for tarmacing

stump grinding for a new driveway

pruning back a tree for building work

 

cis applys

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14 minutes ago, ChunksBigBro said:

Cis is something that we should all be aware of. You can register as a contractor or sub contractor. If you work FOR a company doing construction they will take cis money from you. If YOU are doing construction and engage a subby YOU should register as a contractor and deduct cis money from your subbys. Its not optional either, it is a law.

 

its a much overlooked law, but it is as powerfull as PAYE and self assessment. 

 

Stricktly speaking if you dabble into fencing or paving to fill dead time and you employ casual labour, you should reguster for cis as a contractor and dock you casual labour for cis money

I'll take your word for it because I know no better but I've never been stopped CIS subbing on construction sites. That's subbing into firms that are subbing in.

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Well subbing in to subbing in is the rub, im sure it should apply there but its a long way down the chain for hmrc to chase. 

 

Lots of firms try to avoid cis, so yes there are lots of firms that if you work for them they wont dock cis, but if they get caught its big fines, but that is their outlook.

 

like i said, plenty of small boys out there doing landscaping that sub tree work out, should be cis, but in reality they will blag it as long as possible as registering as a contractor is ball ache as theyll have to deal with docking you money and getting it to hmrc

 

balls to the wind till they get caught

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