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lor


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Hi all,


I have a client who was on a cis, subcontractor basis in th 08/09 tax yr, could you tell me (this is my first cis client) can this be filed as a normal tax retunr (i.e. free online software) on line or does this need to be filed under a different online form?.

I am unsure which form to use, he has income and has also deductions off his income shown on statement (cis tax deducted). please someone help.

I think this is a simple one but dont know what forms to use and also my first cis client, so if there are anything different about this tyoe of client compared to a self employed client, please let me know.

I have a very tight dead line with this one and am panicking a little!

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lor


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also do I need to consider the following:

whether they were employed during 08/09 tax yr,

as an agent which forms am i expected to file?

is the deadline 31/01/2010, same as self assessment?

thank you in advance!

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Dustin57


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Hi Lor

CIS contractors are classed as self-employed individuals and therefore you will need to complete the self-employment pages of the tax return for your client. You should be able to use HMRC's own software to file this return online.

The deadline will be the same for your client as for other sole-traders i.e. the 31/01/10. You will need to ask your client for any P60's, P45's from any employments and these need to be included on the tax return. Also ask if they received any interest or dividends in the year. You will need to see bank certificates/dividend vouchers for these.

Most subbies receive refunds because they've had tax deducted at source and you should be able to claim for expenses in the accounts.

I hope this helps confused.gif

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lor


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thank you for your reply, does this mean I use the same hmrc software that I normally use for my self employed clients, just wanted to be 100% sure.

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Dustin57


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Yes that should be fine.

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lor


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thanks Dustin you are a STAR!!

it's funny this morning I was panicking, now I don't feel too bad at all! now I am going to tackle it! if I get stuck I will post again, hopefully not!



-- Edited by lor on Friday 22nd of January 2010 04:49:47 PM

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Shamus


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And thanks from me as well to both of you. This is something that I wanted to know but didn't have a clue about. (sure that I'm saying that for a lot of other spectators as well).

Cheers Dustin & Lorraine,

Shaun.



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Shaun

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lor


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that's good it's helped you also, I am glad.

One more thing, if he is due a refund, he will still receive this if filed later than 31/01/2010 won't he? and also he won't be penalised.

am i right that people are only penalise when paying late rather than the actual filing of the tax return being late.

I'm only asking as at the moment as I can 't find the part where you click on authorise an agent on line to get the code emailed to the client, does any one know what I need to do, I've done it before but am having a blank moment!

-- Edited by lor on Friday 22nd of January 2010 06:15:54 PM

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Shamus


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Hi Loraine,

Taken directly from the HMRC website "If HMRC receive your tax return after 31 January you'll get a late filing penalty of £100".

They also give the same line for late payment. Does that then mean that if you are late filing and paying it's actually a £200 penalty on day 1?

The agent authority form for CIS can be found at : http://www.hmrc.gov.uk/forms/fbi2.pdf

Help and guidance on authorising an agent is at : http://search2.hmrc.gov.uk/kbroker/hmrc/forms/viewform.jsp?formId=14

Hope that this makes up for just having been a spectator so far.

Shaun.

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Shaun

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Shamus


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Ooh, just found another useful page all about acting as an agent for CIS contractors :

http://www.hmrc.gov.uk/cis/tax-agent.htm

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Shaun

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lor


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thanks shamus, i have done the tax return my client is due a refund, what would happen if i didn't receive the client's auth code in time, for me to file the return on their behalf?

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Shamus


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To the best of my knowledge the client would be fined £100 for late filing.

If the worst came to the worst is there any possibility that you could revert to manual filing for this year? All the forms are available at http://www.hmrc.gov.uk/sa/forms/net-08-09.htm#a

So long as it's in their letterbox when they open it on the 1st of Feb it's counted as having been delivered on time.

I'm sure that others have better suggestions than this (hint to all those reading these messages but not leaving any comments!).

cheers,

Shaun.




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Shaun

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lor


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thanks for that, that may be the best option, any other suggestions would be good!. I am frustrated as I have completed the tax return but cannot work out how to get the auth code, I am sooo annoyed, why is it doing this?

Am I having problems due to it being close to 31st Jan? just a thought! I think paper version may be my only options, but would be grateful if anyone could suggest online alternatives for obvious reasons!

-- Edited by lor on Friday 22nd of January 2010 07:06:13 PM

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lor


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theres too many cat pics on this spread, lol!

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Shamus


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Ginger cats at that...

I think that mine looks as though it may have eaten your one.

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Shaun

Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
lor


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yeah lol, poor little ging!

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lor


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looks like it will the paper version!

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lor


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just found out how to do the authorisation online, doh! phrase comes to mind: can't see the trees for wood!

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lor


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Shamus wrote:

Hi Loraine,


They also give the same line for late payment. Does that then mean that if you are late filing and paying it's actually a £200 penalty on day 1?


????? yes, I wonder if it would be £200.00 just out of curiosity!, well I have sorted the tax return now, and have time to ponder my thoughts, lol!

 



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