

Include VAT on CIS Payments and Deductions Statements
At the moment It's not currently possible to run the CIS Payments and Deductions Statements and include the VAT amounts. We believe this is a big issue when we provide the statements for the period and it doesn't match the payments received. We believe the subcontractors will have an issue when they will come to do their tax returns.
At the moment we got an issue providing CIS payments and deductions statements to a subcontractor to match the payments received to the bank as it excludes vat, which he needs to provide to the bank for remortgage, as the vat excludes the statement the figure is different from payments received. Its very concerning.
At the moment we got an issue providing CIS payments and deductions statements to a subcontractor to match the payments received to the bank as it excludes vat, which he needs to provide to the bank for remortgage, as the vat excludes the statement the figure is different from payments received. Its very concerning.
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