CIS tax deduction calculator Northampton and Rugby : J R Watson & Co Accountants

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.

04 Mar 2021

Spring Budget 2021

The Chancellor Rishi Sunak presented his second Budget on Wednesday 3 March 2021.

04 Feb 2021

HMRC has revealed that more than 10.7 million taxpayers submitted their 2019/20 Self Assessment tax returns by the 31 January deadline.

04 Feb 2021

HMRC has published the names of 139 named companies that failed to pay minimum wages amounting to £6.7 million to over 95,000 workers.