Step By Step Process To Registration In Cis Scheme

Cis Scheme

HM Revenue and Customs have issued a scheme in the United Kingdom known as CIS (construction industry scheme) for the majority of contractors and subcontractors in the country. Deemed contractors are a business that deals with subcontractors and spends a specific amount during the period of three years on construction work. A typical contractor usually deals with construction while deemed contractors are primarily involved in property. Construction is not the heart of their business but they do spend a lot of money in this field on an annual basis. Under…

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