SUB Contracted and self Assessment HELP PLEASE

[bryon52]

Hi just a bit of advice before i submit my self assessment. If i worked for someone under the Construction Industry Scheme as a sub contractor and i paid 20% on my wages per week in tax.....would i include the income i recieved after being taxed on this period of work or dont include it as i have already paid tax on it??? Please help
Many thanks

 

[talkinpeace]

CIS income goes in gross and then you put the CIS deducted into the appropriate box
you will be owed a refund
you are MAD to have not done your return months ago
the second you have this one filed, sort out the next one and do it early

 

[Mr A P Davies]

Yes, you include any income from the period, regardless of if or not you have been taxed upon it.
As stated above, there are specific boxes for CIS.

 

[MyAccountantOnline]

Hi just a bit of advice before i submit my self assessment. If i worked for someone under the Construction Industry Scheme as a sub contractor and i paid 20% on my wages per week in tax.....would i include the income i recieved after being taxed on this period of work or dont include it as i have already paid tax on it??? Please help
Many thanks

You include the gross amount ie before tax as your income.

Your tax is calculated on your gross income less your tax free allowances so your income less your allowances is what you pay tax on.

The CIS tax which has been taken off your income is deducted from the tax due leaving a refund or a balance to pay depending on your income etc.

 

[David Griffiths]

The OP was asking on Sunday night, and hasn't been seen since. I suspect that any answers now are too late to be of interest!