My client who is a contractor does his own monthly CIS declarations using HMRC online services.
He pays his subcontractors on the 30/31st of each month. Then he submits the return by the 5th of the following month.
He noticed that the confirmations he prints out from HMRC are not very clear and I also got confused...
eg: he paid his subcontractor on the 31st of Jan. Submitted CIS monthly return on 05/02/2014 and submission receipt says: CIS monthly return for January 2014 was successfully submitted.
However the monthly return printed out has got a heading: return for period ending 05/01/2014.
Is he doing it right? Or monthly payment to a contractor on 31/01/2014 should be a monthly return for February. What would be the submission deadline?