Is this right for me?
From 6 April 2007, Construction Industry Scheme (CIS) legislation means that the
way you manage your subcontractors' tax deductions is changing.
You will need to submit monthly information to HMRC before deducting tax from your
subcontractors pay, as well as producing monthly statements for them.
To help you get to grips with these changes we have brought together Sage 50
Accounts 2009 and Sage 50 CIS, especially for people who run construction
businesses.
This unique package will not only help you manage your accounts with ease but will
also dramatically reduce the work needed to comply with the new Construction Industry
Scheme.
Sage 50 Accounts 2009 & CIS has all the standard features you
need to manage your customers and suppliers and ensure an efficient cash flow for
your business.
It will also help you easily manage the CIS changes by:
- Speeding things up by emailing HMRC with your subcontractor details
- Reducing the risk of being fined by producing accurate calculations
- Complying with legislation by producing monthly subcontractor payment statements
HMRC have successfully tested and recognised Sage 50 CIS to both
submit the Monthly Online Tax Return (CIS 300) and perform electronic verification
of sub-contractor information.
Already a Sage 50 Accounts customer?
Sage 50 CIS can be bought as an additional module to work with
your existing Sage 50 Accounts 2009 software.
Sage 50 CIS only works with the latest version of our accounts software.
To check that you are using the current version go to the Upgrade
Centre.