CIS tax re work on investment property

CIS tax re work on investment property

Didn't find your answer?

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.

Replies (2)

Please login or register to join the discussion.

Scalloway Castle
By scalloway
24th Dec 2013 20:25

This may help

If you spend less than £1M per annum on subcontactors

 

http://www.hmrc.gov.uk/manuals/cisrmanual/cisr12080.htm

Thanks (0)
Replying to kevinringer:
avatar
By paulgtfc
26th Dec 2013 10:20

It does help!
Neatly summarised!

Thanks (0)