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Sage CIS Software

On 5th April 2007 HM Revenue and Customs (HMRC) introduced a new Construction Industry Scheme (CIS) taxation scheme. The scheme relates to the income tax on self-employed construction contractors and will impact the whole construction industry.
Why?:

  • To reduce the burden on businesses.
  • To increase the level of compliance with the scheme and ensure employment status’ are correctly applied.
  • To update the current scheme which is cumbersome, time consuming and prone to error.