New CIS Tax 50
CIS Tax 50
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Suppliers
- Database linked directly to Sage so no need for duplicate entry.
- Seamless Integration with Sage Line 50 so no need for duplicate entry
- Subcontractors CIS details and expiry dates stored.
- Statutory Insurance Details recorded
- Labour Only subcontractors
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Subcontractor Invoices
- Fast batch entry of subcontractor invoices
- CIS Tax automatically deducted.
Deductions for
- Retention
- Discount
- CIS Tax
- CITB Levy
- Contra Charges ( other deductions )
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Subcontractors Timesheets / Worksheets
- Enter timesheet/worksheet details for each week.
- Costs quickly allocated across several jobs each week
- Automatic deductions for CIS Tax.
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Payment Certificates
- Full control of cumulative and previous values
- Retention release and credit adjustments
- CIS Tax automatically deducted.
Deductions for
- Retention
- Discount
- CIS Tax
- CITB Levy
- Contra Charges ( other deductions )
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Applications for payment
- Applications from subcontractors entered immediately.
- Full control of cumulative and previous values.
- Application certified for agreed amount.
- Outstanding balances show liability on each job.
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Payments
- Payment screen similar to Sage Line 50
- Automatic Pay in Full or manual part payment
- On line payments with Sage ebanking
- Payments posted to Sage Line 50
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CIS Returns
- Monthly returns produced with a single click.
- Subcontractors statements produced automatically
- On line submission directly to HMRC
- History maintained.