Solution Properties
Solution ID:
210420080301050
Last Modified Date:
Tue Oct 13 14:24:13 UTC 2026
Taxonomy Path:
Case category//How do I...//governmental/legislative compliance
Author:
[email protected]
Record refunds of Construction Industry Scheme (CIS) deductions suffered
Description
If you're a limited company subcontractor and receive a CIS refund from HMRC, record it in Sage 50 Accounts. This updates your bank and CIS Tax Withheld nominal codes.

TIP:

You can claim refunds of CIS deductions suffered using the HMRC online form. Read more >

Cause
Resolution

You record this refund in a few quick steps:

  1. On the navigation bar, select Bank accounts then choose Bank receipt.
  2. Enter details of the income tax refund, for example:
    Bank Date N/C Details Net T/C VAT
    Bank nominal code Date of receipt CIS Tax Withheld, 2151 by default CIS Tax Recoverable 40.00 T9 0.00
  3. Press Save then press Close.

NOTE:

CIS tax forms part of your Income Tax. If HMRC sends you a tax bill instead of a refund, post a bank payment rather than a bank receipt. If HMRC tells you to reduce a future payment instead of issuing a refund, record this by offsetting the balances. Limited companies should post a journal between the CIS Tax Withheld and PAYE or NI Liability nominal codes. If you're unsure whether to reduce PAYE or NI, contact HMRC. Sole traders should offset the CIS Tax Withheld balance against their self-assessment tax calculation.

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