Maximising Efficiency: CIS Subcontractors

In today's Maximising Efficiency with Dext, Max Whiteley looks at how Dext handles the Construction Industry Scheme (CIS)! 🚧

👷 Under CIS, contractors deduct money from a subcontractor’s payments and pass it to HMRC as an advance payment toward their tax and National Insurance.

🚀 Dext simplifies this process! When integrated with Xero, Sage 50, or Intuit QuickBooks Online, you can easily apply CIS category codes and Domestic Reverse Charge (DRC) tax rates to subcontractor payments.

▶️ Before you begin, make sure you enable CIS in your integrated software.

Once you're in Dext, follow the below:
✅ Ensure the supplier name matches your CIS contact.
✅ Select the correct CIS category (materials or labour).
✅ Publish as usual—CIS details will sync seamlessly!

Stay compliant and streamline your workflow with Dext. 💼

Видео Maximising Efficiency: CIS Subcontractors канала Dext