companys refusing to pay CIS?

[einstein]

either umbrella or limited company?

Anyone know why?

 

[Pete999]

either umbrella or limited company?

Anyone know why?

No

 

[LankyWill]

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.

 

[einstein]

No

LOL i just want paying

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.

I agree, however a good percentage of agencys are asking me for either umbrella or limited company payment method

I cant understand the difference between limited or CIS to the company/agency ???

 

[LankyWill]

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.

 

[einstein]

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.

I know this just why are agencys saying no CIS ???

 

[telectrix]

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.

 

[LankyWill]

Switch agency then or demand CIS, I got CIS through an agency I worked for last summer.

 

[einstein]

Switch agency then or demand CIS, I got CIS through an agency I worked for last summer.

some agencys do pay it

 

[Adam W]

There are certain rules surrounding 'self-employment' such as being able to send a substitute in your place and having a certain number of different sources of income, so it would appear (and some agencies will tell you) that you're "not allowed" to do agency work under the CIS scheme.
The cynic in me says is more like because the payment companies can make more out of you if you're paid under the umbrella scheme, and as such they offer the agencies "drinks" to "encourage" workers to get paid under umbrella via a certain company.

As mentioned there are still some agencies who will pay via CIS, even some who will let you choose which payment company you use, so I find it hard to believe that the others can't do it even if they tried, more like they don't want to.