How To Register As A CIS Subcontractor - HMRC - UK

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  • Опубликовано: 16 сен 2024
  • How do I register as a CIS Subcontractor?
    Here we talk through the process and specifically what you need to register for
    Link to video "How To Register As A Sole Trader" • How To Register As A S...
    Link to SA1 (registers you for self employment and self assessment) www.gov.uk/gov...
    Link to CWF1-LC (registers you for self employed & NI) public-online....
    Link to register for self assessment if you are already registered self employed www.gov.uk/reg...
    CIS Helpline if you are unable to register online www.gov.uk/gov...
    www.taxtalk.uk

Комментарии • 13

  • @Euphoria2024_uk
    @Euphoria2024_uk Месяц назад

    For 2 weeks i have been put on the higher tax rate 30% as i hadn’t registered for CIS, thought i did when filling out the self assessment for self employment where it says do you intend to work in construction? I ticked yes.
    I managed to register online last friday, i know this will take a while but once i call hmrc to update my UTR, will i then start getting taxed the right amount of 20%?

    • @TaxTalkUK
      @TaxTalkUK  Месяц назад

      Thank you for watching, as soon as you call HMRC and they confirm that they have registered your UTR for CIS they will contact your contractor, this can take a while though so it can speed things up if you let your contractor know and ask that they verify you again

  • @alwayslearning7672
    @alwayslearning7672 8 месяцев назад +1

    Thank you for this video.
    I'm new to self employment.
    Are my steps correct?
    First I register as self employed.
    Then receive a UTR.
    Then register as Sole Trader.

    • @TaxTalkUK
      @TaxTalkUK  8 месяцев назад +1

      Thank you for watching! Sole Trader is a style of Self Employment, if you register online for self assessment, then you can register as self employed/sole trader & will get your UTR, this is the simplest & quickest way, good luck with your self employment!

    • @alwayslearning7672
      @alwayslearning7672 8 месяцев назад +1

      ​@@TaxTalkUKThanks .
      So once I get the UTR, I go
      ahead and register for CIS card, correct?
      At the moment the website won't let me change the address so I'm blocked.I will call HMRC and try change it.

    • @TaxTalkUK
      @TaxTalkUK  7 месяцев назад

      Yes exactly, your UTR should arrive to the address HMRC hold though so if that is wrong it may be worth checking this when you call them!

  • @jayboadi4465
    @jayboadi4465 Год назад +1

    I Have a limited company and I need another business as sole trader. can I use the UTR (had it for my limited company )to set up my New Sole Trader job ?
    My sole trader job started last week, but the self assessment id asking btw April 2022 to April 2023.

    • @TaxTalkUK
      @TaxTalkUK  Год назад

      A Limited Company has its UTR (unique tax reference) and you have your own UTR, you may already have been issued one as a director of Ltd Co, any self employment you would use your own UTR as opposed to the company one. You wont need to report anything for your sole trader income on 22/23 SA Tax Return if you only just started

  • @bhupenrai1009
    @bhupenrai1009 9 месяцев назад +1

    How long time after got it cis number plz

    • @TaxTalkUK
      @TaxTalkUK  9 месяцев назад +1

      Thank you for watching! Your UTR should arrive in around 10 days & then the addition of CIS application should be instant if by phone

    • @bhupenrai1009
      @bhupenrai1009 9 месяцев назад +1

      @@TaxTalkUK i have utr number but i have no cis number and i am already apply for cis number 15 days ago but no responese so that you have a any idea plz

    • @TaxTalkUK
      @TaxTalkUK  9 месяцев назад +1

      There is no separate number for CIS, you give your contractor your UTR number & then they can verify your status with HMRC - ask the contractor to let you know if there are any problems with verification before they pay you so you can resolve, or call HMRC to confirm that they have updated your UTR for a CIS subcontractor

    • @bhupenrai1009
      @bhupenrai1009 9 месяцев назад +1

      Thankyou for your suggetion