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.

25 Mar 2026

Inflation rate unchanged in February, but figures 'already old news'

The UK inflation rate remained at 3% in the year to February, according to the Office for National Statistics (ONS).

24 Mar 2026

Almost 400 employers from across the UK have been named for failing to pay the minimum wage to tens of thousands of workers, says the government.

23 Mar 2026

HMRC has launched a new 'Tax Confident' website which it says will help people fill their tax knowledge gaps.