CIS

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August 31, 2024 3 min read Definitions
Basic Rate: Standard Tax Deduction in CIS
Finance Taxes Tax CIS Deduction Basic Rate Finance
The standard rate at which tax is deducted from payments under the Construction Industry Scheme (CIS), typically set at 20%.
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August 31, 2024 4 min read Definitions
Construction Industry Scheme: Overview and Key Details
Economics Finance Taxation CIS Construction Tax Deduction Subcontractor Revenue
The Construction Industry Scheme (CIS) outlines statutory provisions for tax deductions in the construction industry, implemented on 6 April 2007.
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