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Will Hallett
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An error occurred while saving the comment An error occurred while saving the comment Will Hallett
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There are three distinct types of CIS in the construction industry, and we need three corresponding CIS accounts:
BONA FIDE SUBCONTRACTORS: companies who typically work on a lump sum contract and take risks of a fixed price, provide all own labour and materials, plan and oversee their own work, and possibly carry out some design.
LABOUR ONLY SUBCONTRACTORS: generally self employed workers, who work on an hourly basis, operate under instruction from the main contractor, don't plan their own work or supply any materials and don't take any financial risks.
MANAGEMENT: self employed workers who work on site but are responsible for managing the work only, and do not provide labour or materials.
Please can you make this possible, as it is quite frustrating without it.
It would also be really helpful to be able to use a 400 code for a CIS account as an administrative cost.
Many thanks, Will
It would be easy to add this feature. Xero should add a tick box to the account to make it CIS applicable, just like you do with VAT.
We really need the ability to have different CIS codes for: proper subcontractors with fixed price (eg plumbers), labour only subcontractors on daily rate (eg carpenters), and site staff paid hourly (eg site managers.) It doesn't make sense that a site manager and a plumber are under the same code.
Please please please can you sort this out. Thanks