Tax & Compliance
The Construction Industry Scheme (CIS) Explained: How to Deduct, Verify, and Reclaim 20% Tax on Subcontractor Payments
CIS can feel like a maze of deduction rates, verification steps, and monthly deadlines. This guide breaks down exactly how to verify subcontractors, deduct the correct 20% on labour only, file CIS300 returns on time, and reclaim deductions suffered — with a worked example and checklist you can use today.