What Are the Benefits of CIS Gross Payment Status? A Complete Guide for UK Construction Businesses
Every month, thousands of UK construction subcontractors receive only 80% of what they invoiced — the remaining 20% withheld by the contractor and sent to HMRC as a CIS deduction. For a business turning over £500,000 a year, that means £100,000 sitting with HMRC instead of in the business, available for materials, wages, and growth. […]