What is Construction Industry Scheme CIS

This video explains about construction Industry scheme
What are sub contractors
What are contractors
When to file CIS300 ( Contractor return)
How claim taxes suffered by sub contractors
You can see more about us on the following:
LinkedIn (Gagan Anand) : / gagandeep-anand-fcca
LinkedIn (Company) : / 1to1accountants
Facebook (Company): / 1to1accountants
Web: www.1to1accoun... Call: 0333 666 7121 Email: [e-mail]
DISCLAIMER
We take care in putting out information on this video but please be aware that it may contain errors for which we cannot be responsible.
Tax laws can change rapidly, we recommend that you take specific advice from professional accountant before acting on any information contained in this video.
This videos is for general guidance, knowledge and for you understand taxation and accounting .In any circumstances this video is not constituting any advice. We can help you with your specific questions and queries through our formal engagement process.
#1to1accountants , #gagananand , #worldwideincome , #worldwidedisclosure , #hmrc, #selfassessment , #taxreturn , #smallbusinessaccounting , #companyaccounts , #exemptbenefitinkind , #benefitinkind, #directortaxfreebenefit , #gdsanand , #NREinterest , #NROinterest , #foreigninterest , #indianbankinterest , #overseasinterest , #indiadoubletaxation , #DTA , #subcontractors , #contractors , #constructionindustry , #CIS ,

[@mamtakangarh8039]

Wonderful this was very helpful thank you for sharing the detailed tutorial

[@1MW07F]

Thank you, Gagan for the explaining CIS 😊

[@gdsanand]

🙏

[@wesbrown2472]

This was very helpful as it allowed me to grasp the basics of CIS as I had never dealt with it before.. Thank You👍🏾

[@abhishek1121]

Thanks sir for sharing it across indeed i really wanted to understand the entire concept of CIS term. Truly insightful

[@VivekSingh-rv8ug]

can you make a video on deffered tax also ?

[@Euphoria2024_uk]

Video was very helpful, thank you.
Just 1 question, i have been put on 30% as non verifiable as I had not registered to CIS, i just registered after 2 weeks of working for the contractor, registered friday 2/8/24 which means hmrc may take a week or so to update in their system, how do i get the contractor to change that to 20%? Please help.