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Post Info TOPIC: CIS online return
asinfish


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CIS online return
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I am doing my first online submission of a CIS return. I thought I understood it but a little confused due to a report from the accounts programme a client is using.

HMRC require the total payment made to the sub contractor, cost of materials, and total tax deducted. If subcontractor earnt £400 and was subjected to 20% deduction then the payment made to him would be £320. So are the figures on the return £320 for total payment (nil for materials) and £80 tax deducted?

I am confused because the CIS report on the accounts software list the figures as £400 and £80



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gbm


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I think the figures on the return are the gross and cis tax deducted, so £400 and £80.

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annepebo


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Agree with Nick -  its the gross amount - the same figures you enter on the payment certificate and then the amount of cis deducted



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Anne P
asinfish


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Thank you - wouldn't things be simpler if HMRC worded things slightly different?

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kjabook


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Yep agreed its the £400 as the total payment made and yes it would help massively if HMRC changed the wording  



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Keith

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