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re cis building construction tax

Cis tax query

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I wondered if anybody  can  advise me on the following which reads  below

  I have a building site  for  three  houses  and   due to the covid 19  the  site  has left  me rather reaching out to the bank for  another 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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By Accountant A
15th Jun 2020 18:31


Thanks (2)
By Philipredman
31st May 2020 18:34

That is Mondays task.

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