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Emilie
Emilie Registered Posts: 37 💫 🐯 💫
in AAT Level 4 (Level 8 in Scotland)
Hi i have applied for a job and have an interview on Tuesday. does anyone know what reconciliation of CIS returns.

Thanks,

Emilie

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  • Terdoo
    Terdoo Registered Posts: 144 🎆 🐘 🎆
    Re CIS

    CIS Means Construction industrial scheme, CIS have a lot of meaning
  • Emilie
    Emilie Registered Posts: 37 💫 🐯 💫
    Thank you
  • sheemary
    sheemary Registered Posts: 12 Regular contributor ⭐ 😼 ⭐
    Cis

    Under the construction industry you can stop tax@ 20% or 30% or 0% for labour involved depending on what the HMRC says, so i am sure it is reconsiliation of that.

    Hope it helps
  • A-Vic
    A-Vic Registered Posts: 6,970
    contrators have to file monthly returns and pay the tax deducted via Yellow PAYE Book or Directly taken from the bank, This deduction is then show as paid at source on the subcontrators personal tax returns.
  • Terdoo
    Terdoo Registered Posts: 144 🎆 🐘 🎆
    Re job inteviewed

    Hi Emilie,

    Did you get the job?
  • Emilie
    Emilie Registered Posts: 37 💫 🐯 💫
    The company were not financially stable enough and did not accept. Still looking at the minute but there is not alot about.
  • snowmarauder
    snowmarauder Registered Posts: 99 💫 🐯 💫
    Do you still need info on construction industry scheme. x
  • Emilie
    Emilie Registered Posts: 37 💫 🐯 💫
    No i turned the job down as it was not finacially stable.

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