On the morning of Wednesday 11th April, the first ever online verifications of subcontractors under the new CIS scheme from package software were successfully performed by NG Bailey using COINS.
COINS and NG Bailey were amongst a number of organisations participating in HMRCs Controlled Go-Live for CIS - as the result of the close working relationship that has been established between HMRC and the software industry over recent months.
The verifications were performed by Neil Florence of NG Bailey. Support was provided by Jim Etherton and Rob Osborne of COINS, with the CIS team in HMRC checking the results.
This has provided reassurance to the construction industry in general and COINS clients in particular that the new electronic verification system is fully operational.
COINS has been workin...