Tag: CIS
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What is the Construction Industry Scheme?
The Construction Industry Scheme (CIS) sets out the rules for how payments to subcontractors for construction work must be handled by contractors in the construction industry. The scheme applies mainly to contractors and subcontractors in mainstream construction work, however, businesses or organisations whose core activity isn’t construction but have a high annual spend on construction…
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Employment status
The way you work – and the way people work for you – have very important legal implications. There are five categories of employment recognised by the law and the tax system. A person could be classed as a self-employed person, a worker, an employee, a director or a contractor. There are also essential tax and National…