CIS: What is it and how does it affect you?
In this video, we will explain what Construction Industry Scheme (CIS) is and who it applies to.
00:14 - What is the Construction Industry Scheme (CIS)?
00:25 - Scenario: You're a contractor hiring a subcontractor
1:03 - Is your subcontractor registered for CIS?
1:36 - You need to register yourself as CIS before paying subcontractors
1:47 - Once you're registered for CIS
Read more over on our website:
What is CIS Statement ► https://www.theaccountancy.co.uk/cis/...
The Construction Industry Scheme and Contractors ► https://www.theaccountancy.co.uk/cis/...
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