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CIS tax deductions

The cost of all labour charged (net of travel and subsistence and any VAT charged by the sub contractor).

The cost of all materials supplied (Include VAT if the sub contractor is not VAT registered).

Is the subcontractor verified with HMRC for payment under deduction?

Note: These calculations are only for illustrative purposes and are not a substitute for professional advice.

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Registered in England Number 4300054. Registered Office Address : Unit 2, 58 High Street, Pinner, England, HA5 5PZ.

Registered to carry out audit work and regulated for a range of investment business activities by the Association of Chartered Certified Accountants

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