Purpose: CIS is a construction industry-based tax applied to your company if you're subcontracting. If you are a company that has registered for CIS you will need to enable it within your system.
Please note:
- If you are Gross Registered, you need to use "Not CIS Registered".
- Go to Company Settings > CIS Percentage
- You have 3 options in this module, Not CIS Registered, 20%, and 30%
- Select the amount that reflects your registration and your workflow preferences, then hit save.
More information on Construction Industry Scheme can be found here at the gov.uk website: https://www.gov.uk/what-is-the-construction-industry-scheme