GOV.UK Construction Industry Scheme (CIS) Explained
By the Construction Industry Scheme (CIS), contractors deduct 20% from registered and 30% from unregistered subcontractors as advance tax payments.
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By the Construction Industry Scheme (CIS), contractors deduct 20% from registered and 30% from unregistered subcontractors as advance tax payments.
The sole trader business structure suits self-employed individuals registered for self-assessment and seeking to manage their businesses.
If you are a contractor, self-employed, employee, or director working for an employer, discover how your employment status affects your income tax.
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