Friday, March 31, 2006

Construction Industry Scheme

What has happened to our C.I.S.?

Well as from April 6th 2007 there will be no cards, no tax certificates & no vouchers.
You're cards and cert's show whether you are paid gross and declare you're own tax. So as of the above date contractors will now have to contact H.M.Revenue & Customs direct.

Tax Vouchers are no longer required.

Take care all. Most subbies will be transferred without having to do a thing, but if you have a valid card or cert that runs out before April 6th 2007 then renew it NOW.

If you are being paid GROSS now, you can still be paid this way providing you keep you're books and payments up to date.

If you don't it looks like you will have it revoked

To help you the help line number is 0845 366 7899

Good Luck; Chris
james.thurlow@homecall.co.uk

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