CIS income: deductions suffered and PAYE offset
Tax & Compliance · Deductions suffered & PAYE offset
Sole trader and LTD
When you work as a subcontractor, contractors take tax off what they pay you. Statemint records who paid you, matches each receipt to their statement and shows how much deduction you are still waiting to recover.
What you can do
- Add the contractors who pay you, with their employer reference
- Mark receipts as CIS income and check labour, materials and deduction against the statement
- Record refunds from HMRC on the money-in line
- See deductions that are still to be recovered
- Carry the figures into your tax return
Who it's for
Available to businesses that work as CIS subcontractors. Sole traders · Limited companies · Accountants & bookkeepers
Included in your plan
Every plan includes every feature for its business type, so CIS income is part of your plan. See pricing.