Sage 50 CIS
Every construction business, large or small, needs to get ready for the new Construction Industry Scheme (CIS) legislation. But introducing new ways of working can be disruptive. The last thing you want is to create extra work or be fined for supplying HM Revenue and Customs (HMRC) with late or inaccurate information.
That’s why Sage has introduced Sage 50 CIS.
Sage 50 CIS is designed to work with Sage Line 50 2007 and 2008, to help you comply with the new legislation, without generating endless paperwork or additional pressures on your time. It will help you:
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Record subcontractor information
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Manage the verification of subcontractors with HMRC
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Manage the submission of contractors Monthly Returns to HMRC
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By automating the monthly Payment Statement to subcontractors
HMRC have successfully tested and recognised Sage 50 CIS to both submit the Monthly Online Tax Return (CIS 300) and perform electronic verification of subcontractor information.
