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The Book-keepers Forum (UK) -> Book-keeping Training, Qualifications and Professional Bodies -> CIS Clients
Post Info TOPIC: CIS Clients
in the red


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CIS Clients
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Hello everyone, First post on forum for me.

Been reading posts on the side for long time now, well over a year could be 2. Currently studying AAT level 3 in the north east at my local collage (not the best tutors I may say).

My question today is what are the duties of the agent regarding CIS Clients?, other than bookkeeping, PAYE, and SA?.

What extra duties are needed and what would you charge extra than a normal sole trader accounts?

kind regards

Joe.

P.S

Love the forum, very informative keep up the good work



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in the red


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I am under the understanding that the subcontractor/contractor submit returns regarding deductions made regarding labour. and this is done every month by the 19th.???

Would you as the bookkeeper have to do this return?

Would you as the bookkeeper have to verify the subcontractor you are paying is operating under CIS? or would you leave this to the contractor.

Any thoughts



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MarkS


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If you are doing the payroll then I would do the CIS monthly submission, advise them of what to hold back from subbie on a monthly basis, and verify the subbie.

Thats what we do for our clients that are under CIS.

Though it would be up to the client to let you know what they are paying to the subbie in order you can advise what to hold back to pay to HMRC.

Mark



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Mark Stewart CA

http://stewartaccounting.co.uk/

Providing accounting, bookkeeping, payroll and tax services to small and medium sized businesses across Central Scotland and beyond.
in the red


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Thanks Mark,

Thanks for posting a return.

I think I have the gist of things, Just got payroll and CIS mixed up.

kind regards

Joe



-- Edited by in the red on Thursday 13th of February 2014 06:38:25 PM

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