Contractors submit a CIS return each month to tell HMRC about any payments that they’ve made to subcontractors. Like with most things to do with HMRC, you’ll need to keep detailed financial records. These should show the amount that you pay to subcontractors, as well as the details of any deductions that you make.
What if I don’t use a subcontractor one month?
If you don’t use any subcontractors in a month then you won’t need to submit a CIS return for that period. You’ll still need to let HMRC know why you’re not submitting a return for that month though.
If you don’t expect to pay any subcontractors for the next few months, you can ask HMRC to temporarily mark your account as inactive. This is known as an inactivity request, and lasts for 6 months.
How do I submit a CIS return include?
You can submit your CIS return to HMRC either directly through their website, or by using CIS software.
What information is on a CIS return?
The details you provide on your CIS return show HMRC which subcontractors you have paid, as well as the amount of pay and any deductions. This helps makes sure that everyone pays the right amount of tax.
When do I need to submit my CIS return?
CIS returns must be submitted by the 19th of every month, with the details of the previous tax month’s activities. A tax month starts on the 6th of one month and ends on the 5th of the following month.
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