CIS
Question asked by James Doolin 4 days ago
Where do I add CIS deductions?
Hi James,
If you are a Subcontractor (Recording Deductions Suffered), when you receive a payment from a contractor who has already deducted tax, you record this as follows:
Manual Entry: If you use the "Record income" button on your Dashboard, select the specific CIS labour revenue (20%) or (30%) account code in the "Account" field.
Bank Explain: When explaining an incoming payment on your statement, select the relevant CIS account code.
Tommy
Best answer
You must 