CIS net deduction

Question asked by LAURA HOUGHTON 9 years ago

I have added a new sub contractor as a supplier and matched and verified him via clearbooks. The verification has been completed but the deduction column just states 'net'. How do I know whether to deduct 20% or 30%?

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When you create the bill in Clear Books it will automatically deduct the correct %.

If the subbie has been verified it will be 20% [unless they have gross status].

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9 years ago

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