Can CIS sub-contractors claim business expenses?
Yes, if you are a self employed contractor you are able to submit your expenses at the end of the tax year through your self assessment tax return. My-CIS provides a detailed breakdown of the expenses you can offset. You will be required to keep all of your receipts acquired during the tax year.
All the information in one place, very helpful and always able to answer my questions. Thanks
Andrew Watts
Electrician
How and when do I get paid through My-CIS?
How and when do I get paid through My-CIS?
Provided your ...
Must I register for the CIS scheme myself or can My-CIS do it?
Must I register for the CIS scheme myself or can ...
Does My-CIS pay my National Insurance with a CIS?
Does My-CIS pay my National Insurance with a CIS?
No, when ...
What do you mean by verification?
What do you mean by verification?
It is a legal requirement ...
How will my tax deductions be calculated?
How will my tax deductions be calculated?
The deductions are specified ...
