Supplier is CIS and Non CIS supplier

Question asked by Paul Walpole 8 years ago

Hi

Looking for a bit of advice, we are a labour supply business which works in sectors that fall both under CIS scope and outside of it. Generally the suppliers we have can work under both CIS contacts and non CIS contracts.

This obviously throws up the problem of accounting for the deductions when payments are made. Will the system allow me to set up two supplier accounts for the same limited company (one CIS, one not)? Or is there a way of allocating invoices as non CIS and CIS from a verified supplier?

Thank you

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2 Replies

Hi Paul - CIS reporting is based on the account codes you use and so if a subbie bills you for CIS work you use one of the CIS Labour codes &/or the dedicated materials cost code and this gets reported on the CIS return. If the same subbie bills you for non CIS stuff then, by using another account code it will avoid being reported under CIS.

You should not however mix account codes on one payment/bill, ie if the subbie gives you one bill with a mix of work, enter it as two separate bills.

This avoids having to set up two subbie suppliers, but that would work as well.

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8 years ago

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