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<blockquote data-quote="grumpy old spark" data-source="post: 3051" data-attributes="member: 117"><p>Hi</p><p></p><p>I think that the above info is wrong as far as I am aware, the only way you can legally pay a cis reg sub contractor who works for you is for you BOTH to be reg with the tax authority,who require you to be in possession of the UTR number of the subby ,you then deduct 20% for tax off the invoice for Mr tax man,if the subby does not give you a UTR then you have to deduct 30% from his invoice to hand over to M tax man.(we are now are own tax collectors)and Mr Brown has given us small businesses so much help and support over the last years has'nt he. LOL then cry !!!</p><p></p><p>cheers</p><p></p><p>GOS</p></blockquote><p></p>
[QUOTE="grumpy old spark, post: 3051, member: 117"] Hi I think that the above info is wrong as far as I am aware, the only way you can legally pay a cis reg sub contractor who works for you is for you BOTH to be reg with the tax authority,who require you to be in possession of the UTR number of the subby ,you then deduct 20% for tax off the invoice for Mr tax man,if the subby does not give you a UTR then you have to deduct 30% from his invoice to hand over to M tax man.(we are now are own tax collectors)and Mr Brown has given us small businesses so much help and support over the last years has'nt he. LOL then cry !!! cheers GOS [/QUOTE]
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