Academy schools

[M107]

I do the odd job for a local school & have been informed today that they are being granted Academy status.

They have informed me that I (and any other self employed trades person they employ the services of)will now need to supply CIS details, this is because any payments for work undertaken will now be paid by the school & not the local authority.

Any school that is granted academy status is classed by HMRC as a contractor when employing the services of a trades person/company.

Now have to look at registering for CIS or what ever it is now......................... a call to the accountant in the morning then.

 

[NozSpark]

CIS = Headache

As a main contractor yes,,, but as a subcontractor it's dead easy

You just have to split your bill into expenses and profit/labour; then you're taxed at 20% on the profit/labour

 

[Sidewinder]

This is NOT true, NOT ALL work is covered by CIS.

A phone call to HMRC would be your best bet, describe in detail the works and they will guide you to their online information.

Also they will give you a unique call reference for your records.

Yes CIS=headache.

I don't get involved & I do work for schools, LA's, Public Sector organisations, & the Private Sector.

I'll try to dig out the HMRC reference material.

If I don't keep reminding me please as I do have a link to it somewhere, IIRC I have even posted the link on here!

 

[Sidewinder]

Did it before I forget.

See here:

HM Revenue & Customs: Deciding whether your work comes within CIS

See this heading:

[h=2]Businesses, individuals and work not covered by the CIS[/h]Then read from there, there is a bit more also.

However, I think it is linked from this page.

HTH.

 

[M107]

After looking on the HMRC site I soon came to the CIS = headache conclusion.

Like you sidey I'm not convinced it'srequired for the little maintenance type works I do for the school, but I will have a chat with the accountant tomorrow & see whats what.

Any info you do have sidey would be apperciated mate.

 

[Evans Electric]

I believe if the School / university / private company spends over a certain figure on construction per year they must go with the dreaded CIS . Its not the biggest deal as a sub contractor , they just get a UTR number for you from HMRC and deduct 20% . Thought the figure was 1m TBH

I remember that Fire Alarm work is exempt from CIS.

I'll see if I can find anything relevent.

Maintenance of "Systems" is not covered by CIS.

And "Small payments " can be authorised by HMRC NOT to have CIS applied if the job is less than

 

[M107]

The figure from sideys info is

 

[Evans Electric]

Thanks.

 

[steptoe]

here is something another member sent me recently, it may be of use.

thanks you,

 

[Evans Electric]

Oh ..I see ... I'm now just .... "Another member " am I .... after all these years this is what it comes down to is it ... "Another member "

I turn out to get him off Spaghetti Junction that rainy night when Hercules refused to go on any further and theres half of Europe piled up behind his cart ....but now I'm just ..."Another Member" Sigh !

 

[steptoe]

well, I didnt want to say what you were wearing that night,

but I dont think it was me and Herc you were trying to get the attention of.

just how you can walk in those shoes is beyond me.!