Free CIS payment and deduction statement

CIS Payment and Deduction Statement

Subcontractor status

Contractor

CIS payment and deduction statement

Tax month ending {{ taxMonth }}Statement ref

Subcontractor

HMRC verification number needed for deductions at 30%

Work

Figures Amount

Gross amount paid (excluding VAT) £

Less cost of materials £

Less plant hire, fuel and consumables £

Labour the deduction applies to {{ labourText }}

CIS deduction at {{ rateText }} {{ dedText }}

Net payment due {{ netText }}

Issue this statement to the subcontractor within 14 days of the end of the tax month. The deduction applies to the labour element only. Materials, plant, fuel and consumables charged by the subcontractor are excluded, as is VAT.