A “CIS Monthly Return – to include material only bills” usually relates to the UK Construction Industry Scheme (CIS), where contractors report payments made to subcontractors each month.
If the return includes material-only bills, it means you are separating labour costs (which are CIS applicable) from materials (which are not CIS taxable). Only the labour portion is reported and deducted under CIS, while materials are shown separately for accuracy and tax compliance. https://tierramiamenu.com/
A “CIS Monthly Return – to include material only bills” usually relates to the UK Construction Industry Scheme (CIS), where contractors report payments made to subcontractors each month.
If the return includes material-only bills, it means you are separating labour costs (which are CIS applicable) from materials (which are not CIS taxable). Only the labour portion is reported and deducted under CIS, while materials are shown separately for accuracy and tax compliance. https://tierramiamenu.com/