BASDA advises its members and business software users on the implications of the new CIS
The new HM Revenue & Custom (HMRC) ‘Construction Industry Scheme’ (CIS) actually applies not only to Contractors in the construction industry but any other organisation that employs sub-contractors – for example Local Councils, Corporations etc that have Contracts for more than £1m.
- BASDA Members with Software that is CIS-ready
- CIS White Paper
There are over 250,000 registered Contractors and over 2 million sub-contractors on HMRC records that will be affected by reforms to the CIS.
The reform of HMRC CIS was due to commence in April 2006 but, after pressure from the Industry (including BASDA), the new CIS now been postponed to April 2007. Historically CIS has been associated with Payroll systems, but the new requirements are more related to an Accounts Payable function than Payroll.
Creating Value for our Members
Joining BASDA goes beyond a package of benefits. It goes much deeper with the advantage felt across your organisation and customers.
SHAPING YOUR WORLD
BASDA has made a direct and positive impact on the world of its members and their customers for over 15 years.
Involvement in BASDA makes a real difference to the development of its members and their future careers.
Collaboration and shared learning across the BASDA community brings a tangible result for members and their customers.
BASDA 2022 ANNUAL SUMMIT
The BASDA 2022 Annual Summit will take place on Thursday, 6th October at the Wellcome Collection, London. Diary the date and look forward to joining your industry peers and guest speakers for networking and an opportunity to discuss the latest pertinent topics.
SELECTING BUSINESS SOFTWARE GUIDES
Our suite of guides will help organisations make the right choices for their business and run efficient purchasing processes.
SHARING INDUSTRY NEWS WITH YOU
Find out more about the benefits of BASDA and how to join.