CIS Payroll and Tax Deductions: What Contractors Need to Know
The Construction Industry Scheme (CIS) is a mandatory tax system created by HMRC to regulate how payments are made to subcontractors in the UK construction sector. If you work as a contractor, understanding CIS payroll and how tax deductions work is essential for staying compliant and avoiding financial penalties. Many contractors struggle with the complexity of CIS, including verifying...
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