Hi 🙂
Ive been asked to do some work for the county council and they have asked for bank sort codes and over normal info which I gave them but they are now asking for ”your unique tax reference number (issued by the Inland Revenue) in relation to CIS status” ❓ does some one now what this is about ❓
Mark 🙂
just got of phone with HMRC and I dont need to register ❓ but got talking to the nice lady there and its got something to do with them deducting 20{e5d1b7155a01ef1f3b9c9968eaba33524ee81600d00d4be2b4d93ac2e58cec2d} off me if I register and 30{e5d1b7155a01ef1f3b9c9968eaba33524ee81600d00d4be2b4d93ac2e58cec2d} of I dont register with the scam oops 😯 scheme 😉
Mark
CIS, is mainly for contractors within the construction/ building industry, and is a sort of PAYE scheme, whereby tax is deducted at source, prior to payment being recieved, would not apply to this industry normally, unless doing maybe a lot of kitchen installations, etc which could be classed as Building works. HRMS website explains more.