A company owns an investment property and is using subcontractors to carry out improvements. Does CIS tax need to be deducted from the subcontractor payments where a gross payment certificate is not held? We have received conflicting views on this. As there is no main contractor/subcontractor relationship surely no CIS tax need be deducted? Views welcome, especially quoting the statutory authority for such views! Thanks in anticipation.
24th Dec 2013
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CIS tax re work on investment property
CIS tax re work on investment property