If you provide your services to a client through a Limited Company, you’ll need to ensure this doesn’t appear as you are working as an employee of the client as the amount you pay in tax would differ – this is particularly of interest for contractors using a Limited Company.
It is compulsory for all contractors to register for CIS, though it is not compulsory for all sub-contractors to register as CIS. Read on to find out more!
Being a Director / business owner, you have a responsibility and duty to pay your employees on time and inform HMRC how much they have been paid for that period, which could be: weekly, bi-weekly or monthly. Read to learn more about how MTD can take care of all this for you.