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Making Tax Digital - impact on the self employed....
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<blockquote data-quote="Evans Electric" data-source="post: 439909" data-attributes="member: 1408"><p>I always had the feeling that HMRC were not happy with self employed construction based individuals only paying tax once per year .</p><p></p><p>They were not happy with the 714 system so imposed the extra burden on the employer to deduct tax at source with the pathetic CIS scheme , which imposed a load of form filling on us every month.....and woe betide you if you were late getting them off . </p><p></p><p>And the most pathetic bit of the CIS was your proof that a deduction had been made by a contractor ...no proper form , a scrap of paper , back of a fag packet or , as I heard quite a few times ............ no proof at all given to subby , tax deducted from pay , not paid on to HMRC ....subby ends up having to pay it again at the end of the year . </p></blockquote><p></p>
[QUOTE="Evans Electric, post: 439909, member: 1408"] I always had the feeling that HMRC were not happy with self employed construction based individuals only paying tax once per year . They were not happy with the 714 system so imposed the extra burden on the employer to deduct tax at source with the pathetic CIS scheme , which imposed a load of form filling on us every month.....and woe betide you if you were late getting them off . And the most pathetic bit of the CIS was your proof that a deduction had been made by a contractor ...no proper form , a scrap of paper , back of a fag packet or , as I heard quite a few times ............ no proof at all given to subby , tax deducted from pay , not paid on to HMRC ....subby ends up having to pay it again at the end of the year . [/QUOTE]
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