Schedule Consultation

CIS tax deductions Calculator

Labour Charge (£):

The cost of all labour charged (net of travel and subsistence and any VAT charged by the sub contractor).

Materials Charge (£):

The cost of all materials supplied (Include VAT if the sub contractor is not VAT registered).

Payment under deduction:

Is the subcontractor verified with HMRC for payment under deduction?

Note: These calculations are only for illustrative purposes and are not a substitute for professional advice.

19 Sep 2025

Bank of England leaves interest rate unchanged

The Bank of England has left interest rates unchanged at 4% as inflation remains nearly twice its target rate.