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Calculate CIS Tax Deductions.
This calculator helps calculate any necessary 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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Chancellor of the Exchequer Jeremy Hunt has delayed the announcement of the government's economic plan until 17 November.
The UK's new Prime Minister Rishi Sunak must restore confidence in the country's economy, say business groups.
The rate of inflation rose to 10.1% in September as the economy felt the effects of rising prices and the fallout from the Mini Budget, according to the Office for National Statistics (ONS).