Team Construction News
Have you completed your 2010/11 tax return yet?
05 January 2012
The 31st January deadline for filing your 2010/11 self-assessment tax return is approaching fast. Read More >
Industry News
SMEs should 'experiment with online marketing'
16 May 2012
Small to medium-sized enterprises (SMEs) should experiment with their online marketing to see what works for them, according to Chris Robinson, the managing director of Boost Marketing. Read More >
Accreditations
How to register for CIS status
If you are a sub-contractor and wish to register on the Construction Industry Scheme the easiest way is to phone the CIS helpline on 0845 366 7899. You may be invited to a local HM Revenue and Customs office for an identity check.
Alternatively you can go to the HMRC website to register www.hmrc.gov.uk/cis/
You will be notified of your UTR (Unique Taxpayer Reference) number that will identify you on HMRC’s system. You will need to give us your UTR number, using this, along with your name and National Insurance number, we will immediately verify you with HMRC.
Sub-contractors who are registered with a UTR number will be taxed at 20% on all income at source. By law sub-contractors not registered with a UTR number will have tax deducted at 30%.
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