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Calculate CIS Tax Deductions.
This calculator helps calculate any necessary CIS tax deductions.
The cost of all labour charged (net of travel and subsistence and any VAT charged by the sub contractor).
The cost of all materials supplied (Include VAT if the sub contractor is not VAT registered).
Is the subcontractor verified with HMRC for payment under deduction?
Note: These calculations are only for illustrative purposes and are not a substitute for professional advice.
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Chancellor Rishi Sunak will impose a windfall tax on energy firms alongside a package to help households with the cost-of-living crisis.
The energy price cap is now expected to rise to around £2,800 in October, according to the UK's energy regulator.