Free Consultation

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.

30 Mar 2026

UK government to review mileage rates

The government has confirmed it will review approved mileage rates for business users ahead of a future Budget.

27 Mar 2026

HMRC is urging families to sign up for Tax-Free Childcare (TFC) before booking their Easter holiday childcare.

26 Mar 2026

The start of the new tax year on 6 April 2026 will bring contentious changes with it, warns the Chartered Institute of Taxation (CIOT).