Turn on CIS
Description

Turn on CIS if you’re a subcontractor and your customers deduct CIS from your payments.

When you turn on CIS:

  • You can only apply CIS to customers marked as contractors
  • CIS stays on for your account
  • You can set a default deduction rate for your invoices

NOTE:

CIS functionality is only available on the paid tier of Sole Trader.

Watch a video: 

Cause
Resolution
  1. Go to Settings.
  2. Under Tax settings, select Turn on CIS.
  3. In the window, select Turn on and continue.
  4. Choose your deduction rate;
    • 0%- CIS Zero- Registered Subcontractor
    • 20%- CIS Registered Subcontractor
    • 30%- CIS Non-Registered
  5. Then select Save.

TIP:

You can change your deduction rate later in Settings.

 

Steps to duplicate
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