Is Turnover Before or After Tax in CIS?

shared a link

Understanding Turnover and Tax within the UK Construction Industry Scheme (CIS) for 2024-25In the UK, under the Construction Industry Scheme (CIS), turnover is calculated before tax deductions. This means the revenue a business reports for CIS purposes does not have tax deductions, such as CIS or VAT deductions, subtracted from it.Introduction to CIS and the Importance of VAT ComplianceThe UK's Construction Industry Scheme (CIS) is a tax deduction scheme which involves tax being deducted at the

0 Comments 0 Shares 0 Reviews