There is still no "definitive answer" from HMRC as to why CIS refunds for limited company clients are being delayed by what are in some cases extensive periods, according to Tony Margaritelli.
Do any accounting packages allow you to enter CIS sales invoices and input CIS purchase invoices properly?
I'm particularly thinking about the following software:
The late repayment of Construction Industry Scheme (CIS) refunds relating to limited company clients by HMRC remains an issue for accountants, accordi
If my client is not set up as a PAYE employer due to not paying himself a salary in year 1, how do I go about reclaiming any CIS deductions incurred throughout the year?
I noticed last quarter that client paid £600 to Mr White but didn't get an invoice. I had a nasty feeling that this was a subcontractor for whom client didn't deduct CIS payment.
Have prepared mar and apr 13 CIS returns but with the wrong figures. Can these be amended ? Are there any penalties / interest ?
we have a client who did not deduct CIS and pay it over at the appropriate time. This was voluntereed on our instruction and as aresult some £15k of tax was paid.
I have a potential new client who is coming in to see me shortly.
I have a client who repairs agricultural equipment. He operates in a partnership, and does not have any employees. He uses subcontractors when additional labour is needed.
- Rebecca Benneyworth's CIS library 19,170 1
- HMRC ‘dishonest agent’ letter wreaks havoc 17,543 30
- Travel and subsistence in the building trade. By Rebecca Benneyworth 17,480 3
- Getting ready for the new CIS - Monthly returns. By Rebecca Benneyworth 16,133 6
- Tribunal overturns late return penalty 16,131 17