Click the amount inDeducted AmountorAmount Payablefield, to view all the transactions created under CIS for the subcontractor. Also, you cancustomise this reportto filter and view specific parts of the report CIS Suffered Report The CIS Suffered report gives you a summary of the money that a ...
Make sure to select the correct tax year from the drop-down. Additionally, I recommend browsing the HMRC website and answering the Self Assessment tax return to determine if you'd still need to submit a tax return for October to April. For more details about your tax return preparations, ...
VAT is not charged to or collected from the customer and is not paid across to HMRC by the supplier. The VAT charge or rate that would have applied should be shown on the invoice so that the customer can account for it but should not be included in the amount payable. ...
Deducted Amount Total amount deducted under CIS Amount Payable /Paid The total amount which you have received from the contractorClick the amount in Deducted Amount or Amount Receivable field, to view all the transactions created under CIS for the contractor.Also...