Discuss companys refusing to pay CIS? in the UK Electrical Forum area at ElectriciansForums.net
Noeither umbrella or limited company?
Anyone know why?
Umbrella companies are for people who don’t have a UTR code and aren’t working self employed.
If you want to get paid CIS you need a UTR code and have to prove that you are working independently under no supervision. They usually ask you a few questions to suss you out over the phone.
You don’t have to be limited to get CIS, I went as a sole trader as it’s more costly going limited and only worth it if you’re earning £45k plus and have an accountant.
CIS means they take 20% at source and give it to the tax man ready for next years tax return.
The agency should be able to better explain this to you and help you make an informed decision.
you avinn a giraffe? all agencies want to do is make the max. profit for them and screw workers out of as much of their earnings as they can.CIS means they take 20% at source and give it to the tax man ready for next years tax return.
The agency should be able to better explain this to you and help you make an informed decision.
Switch agency then or demand CIS, I got CIS through an agency I worked for last summer.
Reply to companys refusing to pay CIS? in the UK Electrical Forum area at ElectriciansForums.net
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