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PostPosted: Fri Sep 07, 2012 11:08 pm 
King of the Skip Monkeys
King of the Skip Monkeys
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Joined: Wed Nov 07, 2007 4:34 pm
Posts: 26159
Location: Moomin Valley
HMRC site sends me round in circles - I'm already registered as self employed but the people I work for are asking for a CIS number as I am sub contracted out to other firms -


...what and where and how etc etc!

Or should I just wait in the phone queue on Monday morning?


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PostPosted: Sat Sep 08, 2012 5:54 am 
South East AEC
South East AEC
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Joined: Wed Oct 03, 2007 3:39 pm
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CIS just call up get the number, it means you get your money and they send off the TAX for you at 20% unless you are registard for VAT.


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PostPosted: Sat Sep 08, 2012 6:10 am 
retrobike rider / Gold Trader
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Joined: Thu Jan 07, 2010 12:23 pm
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Location: Cumbria
The contractor will make the tax deduction for you (the subcontractor). Best to register for it as the deduction can be defaulted to the higher rate (30%) if you don't register. Otherwise it will be 20%.

The HMRC site will have the CIS340 handbook, which has a good overview of what work will fall in and out of the scheme. Think it starts on page 90-odd.

I've only really done work from the contractor side, but can offer advise from that perspective if needed.


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PostPosted: Mon Sep 10, 2012 10:09 am 
King of the Skip Monkeys
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Joined: Wed Nov 07, 2007 4:34 pm
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Location: Moomin Valley
cheers chaps - think its sorted


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