So just to be clear, HMRC will combine my previous income with my freelancer income. Essentially, I'll be paying taxes on the money I've earnt freelancing this year. But hopefully, I will have paid a good chunk of taxes through PAYE already. Thank you again for making a complicated ...
When you start using Construction Industry Scheme (CIS) in QBO, the system will calculate your deductions, track your withheld or suffered amounts, and create the necessary reports for HMRC. With this, once you have a customer that's set up as a CIS contractor, QuickBooks will automatically ...
When you start using Construction Industry Scheme (CIS) in QBO, the system will calculate your deductions, track your withheld or suffered amounts, and create the necessary reports for HMRC. With this, once you have a customer that's set up as a CIS contractor, QuickBooks will automatically ...