re cis building construction tax

Cis tax query

Didn't find your answer?

I wondered if anybody  can  advise me on the following

  I have a building site  for  three  houses  and   due to the covid 19  the  site  has left  me rather   ruching to the bank for  anothet loan to complete the these  three  house . I did a deal  with   builder  to give him the third  house  for  payment   to ease on the cash  flow.

 Would i have  to pay  cis tax on the  builders payment/  exchange for the third house?

 

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