CIS payments/ invoices not split between labour and materials - The Book-keepers Forum (UK)

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TOPIC: CIS payments/ invoices not split between labour and materials

becksy

Newbie

Status: Offline

Posts: 4

Date: Wed Sep 15 11:31 2010

CIS payments/ invoices not split between labour and materials	Permalink

Hello, Gosh I'm new to this forum and wonder if anyone can help. I have a customer who is a small builder and is registered as a Contractor. He used a local company for some groundworks, and was quoted a price, which was accepted. My builder was told that this other company had a full certifiate and paid them gross. When the invoices came through to me I realised they still need to be verified etc., this all threw up the fact that they do not hold a full certifcate, should be 20% net. We have asked them to re invoice to show the labour and materials, which they have not done as yet. on Looking at the HMRC website is says that a reasonable estimate can be used in cases like this. Both companies could come under HMRC checks if the labour is not in proportion to the materials. Is there a general guidline percentage for labour/materials ? I know its a tricky one ! sorry ! __________________

Susie Sue

Senior Member

Status: Offline

Posts: 345

Date: Wed Sep 15 19:34 2010

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Not sure if there is a general guideline percentage (somebody else probably will) but I would've thought your client would know a reasonable estimate. __________________ Sue Assist Office Services - Bradford Bookkeeper

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