The 359th edition of our Active Practice Updates – Spotlight on: Understanding the Construction Industry Scheme (CIS), is available to download here
Areas covered in this edition include:
- What is the Construction Industry Scheme?
- Who does CIS apply to?
- Key responsibilities for contractors
- Key responsibilities for subcontractors
- CIS rates and how deductions work
- Common pitfalls and how to avoid them
- Benefits of gross payment status for subcontractors
- CIS and VAT reverse charge
- CIS compliance tips
- Recent statistics and trends
- The importance of CIS compliance for business growth
- Preparing for CIS audits
- Emerging trends and future changes in CIS
- How we can help
If you would like a paper based version of future editions sent to you then please contact us to let us know, and of course if any of the issues in this edition raise any concerns with you then we’d like to hear from you so please contact us.