Limited company registering for CIS ?
Discussion
Your thoughts please ?
I carried out a weeks work for an agency (options) the work was modifying the wiring of an old school with two new circuits on behalf of Lowe & Oliver.(main contractor)
After completing the weeks work I send relevant info required by Options and invoice for the weeks work.
I get told I need my company to register for CIS ?
Now I don't mind doing this but when I rang HMRC to register and explained what work was carried out, I was told I don't need to as it wasn't a complete re wire. Therefor options should pay me as if it were a 'gas bill'
When I explain this to options they tell me this is incorrect and that they can't pay me until my company registers for CIS.
I'm reluctant to register purely because 95% of my work is directly with the clients that I invoice and having to carry out CIS returns once a month is a job I could do without.
Can anyone better educated than me confirm if hmrc's advice is correct or if options are I the right ?
I carried out a weeks work for an agency (options) the work was modifying the wiring of an old school with two new circuits on behalf of Lowe & Oliver.(main contractor)
After completing the weeks work I send relevant info required by Options and invoice for the weeks work.
I get told I need my company to register for CIS ?
Now I don't mind doing this but when I rang HMRC to register and explained what work was carried out, I was told I don't need to as it wasn't a complete re wire. Therefor options should pay me as if it were a 'gas bill'
When I explain this to options they tell me this is incorrect and that they can't pay me until my company registers for CIS.
I'm reluctant to register purely because 95% of my work is directly with the clients that I invoice and having to carry out CIS returns once a month is a job I could do without.
Can anyone better educated than me confirm if hmrc's advice is correct or if options are I the right ?
CIS is 'Construction Industry Scheme', from what you have described you have worked for a 'main contractor' in the construction industry and hence you may be liable to pay CIS depending on the type of work carried out. Check out http://www.hmrc.gov.uk/cis/ for more info.
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