Help

Options
Emilie
Emilie Registered Posts: 37 Regular contributor ⭐
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

Comments

  • Terdoo
    Terdoo Registered Posts: 144 Dedicated contributor 🦉
    Options
    Re CIS

    CIS Means Construction industrial scheme, CIS have a lot of meaning
  • Emilie
    Emilie Registered Posts: 37 Regular contributor ⭐
    Options
    Thank you
  • sheemary
    sheemary Registered Posts: 12 New contributor 🐸
    Options
    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 Beyond epic contributor 🧙‍♂️
    Options
    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 Dedicated contributor 🦉
    Options
    Re job inteviewed

    Hi Emilie,

    Did you get the job?
  • Emilie
    Emilie Registered Posts: 37 Regular contributor ⭐
    Options
    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 Regular contributor ⭐
    Options
    Do you still need info on construction industry scheme. x
  • Emilie
    Emilie Registered Posts: 37 Regular contributor ⭐
    Options
    No i turned the job down as it was not finacially stable.

Categories

Privacy Policy