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.
Will Hallett
supported this idea
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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