A
AndyV
Being a newbie to tiling and the industry in general, I was wondering how you guys tackle the Government CIS scheme, since tiling seems to come under 'decoration' and therefore deemed to be part of construction.
CIS seems to apply to if you are being sub'd work by, say, a building, kitchen or bathroom company who are paying you (as opposed to getting the customer to pay you directly) - what is the general rule of thumb here - does the building company deduct the 20% tax, or do you recommend opting out of that and paying it yourself?
Secondly, say I got a big project and wanted to sub it to another tiler - who I would pay - what do you guys do in this sort of case - again do you go through the faf of doing all the paperwork and deducting 20% tax, or do you expect the sub'ing tiler to have opted out, and therefore deal with the tax issues themself?
Or do you just stay clear of this and not bother registering for CIS!
I've hired builders and trades in past as a domestic customer and can't image any of them bothering with CIS!
Any thoughts or advice would be gratefully received.
CIS seems to apply to if you are being sub'd work by, say, a building, kitchen or bathroom company who are paying you (as opposed to getting the customer to pay you directly) - what is the general rule of thumb here - does the building company deduct the 20% tax, or do you recommend opting out of that and paying it yourself?
Secondly, say I got a big project and wanted to sub it to another tiler - who I would pay - what do you guys do in this sort of case - again do you go through the faf of doing all the paperwork and deducting 20% tax, or do you expect the sub'ing tiler to have opted out, and therefore deal with the tax issues themself?
Or do you just stay clear of this and not bother registering for CIS!
I've hired builders and trades in past as a domestic customer and can't image any of them bothering with CIS!
Any thoughts or advice would be gratefully received.