CIS tax deduction calculator

Calculate CIS Tax Deductions.

This calculator helps calculate any necessary CIS Tax Deductions.

Labour Charge (£):

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

Materials Charge (£):

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

Payment under deduction:

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.

07 Jan 2020

Chancellor announces Budget date

Chancellor Sajid Javid has announced that he will deliver the 2020 Budget on Wednesday 11 March 2020.

07 Jan 2020

The government has announced the largest increase since the National Living Wage was introduced two decades ago.

07 Jan 2020

The government has announced it will make a number of changes to the loan charge rules.