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Posted Mon, 09 Sep 2024 13:25:39 GMT by Patrycja
The overseas company is registered with the CIS as a subcontractor and has gross payment status. As a non-UK company, we do not submit Corporation Tax Return. I am asking for information about the obligations of a overseas company registered in the CIS and having Gross Payment Status. How CIS deductions should be made? How should a company pay tax and National Insurance at the end of the year? Thank you in advance
Posted Fri, 22 Nov 2024 13:16:01 GMT by Patrycja
I am asking for an answer, it is important to me.
Posted Tue, 03 Dec 2024 14:36:01 GMT by HMRC Admin 19 Response
Hi,
Having gross payment status means contractors will pay you in full without making any deductions. 
If you are also trading as a contractor you are required to register. You can see more information here:
Construction Industry Scheme for businesses based outside the UK
Thank you.
 
Posted Wed, 04 Dec 2024 13:19:52 GMT by Patrycja
Hi, Thank you for your answer. I understand, so I don't have to file any tax return at the end of the tax year?
Posted Mon, 09 Dec 2024 16:28:35 GMT by HMRC Admin 10 Response
Hi
I cannot answer this for certain as we have no definite background to this case.
Assuming you are the Contractor – 
you are required to submit monthly CIS300 returns with details of payments to subcontractors.
If payments are withheld from subcontractors, these amounts should be paid over to HMRC each month.
Assuming you are a non resident Company Subcontractor only – 
There are no submissions to make.
If you are both – the above applies.
 
Posted Thu, 12 Dec 2024 10:51:59 GMT by Patrycja
Hi, Thank you very much for your answer. And if I am a contractor but all my subcontractors are registered in CIS with gross payment status, do I not have to submit CIS300?

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