Can I be CIS and PAYE?
Can I be CIS and PAYE?
You can change from CIS to PAYE and vice versa at any point. Get in touch with HMRC and update your records as you go. It might require a bit of head-scratching and a calculator or the help of a good accountant, but if it saves you money in the long run, then it’s worth it.
How do I add CIS to my PAYE scheme?
If you are already registered for PAYE before becoming a Contractor, then you need to call the CIS helpline (0300 200 3210) and explain that you need to register as a Contractor under the CIS scheme but that you are already registered for PAYE.
Can I register CIS online?
If you’re a sole trader and you already have a UTR , you can register for CIS online. You’ll need the Government Gateway user ID and password you used when you registered for Self Assessment (or another government service). You can apply for gross payment status at the same time.
Do you need a PAYE scheme for CIS?
If you are considering engaging CIS Contractors as with most things you will need to register for this with HMRC. If you don’t intend to have any employees you do still need a PAYE scheme but a specific type which can be confusing. A CIS only scheme is actually known as an XP PAYE Scheme.
Can you offset CIS against PAYE?
CIS repayments offset against PAYE Subcontractors can offset any CIS repayments due against any amounts owed to HMRC in PAYE, NI and CIS. (n.b CIS may be owed to HMRC if they have subcontractors).
Can you be cis and self-employed?
This means for those new to both self-employment and the CIS, there are two separate registrations. However, both can be done at the same time. It is also possible to be both a contractor and subcontractor at the same time.
How do you pay CIS to HMRC?
Pay HMRC every month by the 22nd (or the 19th if you’re paying by post). You may be charged interest and penalties if you pay late. Pay CIS deductions to HMRC in the same way as PAYE and National Insurance payments.
How long does it take to become CIS registered?
Once we submit your application for your UTR* or your UTR & CIS** it will take up to 4 weeks for HMRC to post this out you. During this 4-week turnaround time there is no emergency tax code that can be applied.
Is CIS and UTR the same?
Well technically, there is no longer any such thing as a CIS number – it was abolished as part of the CIS reforms of 2007. But in practice your UTR is the first ten digits of your old CIS card number.
Can I set up a PAYE scheme without a UTR?
We can’t set up a PAYE scheme online without a UTR. It is quite likely that the employer will need to pay employees before we have a scheme set up as it is unlikely that we will receive a UTR in the next 2 weeks and therefore we can not comply with RTI.