Simple CIS Invoice Generator
Create the invoice for the full value of your work, show the figures a contractor typically needs to process CIS, and estimate the payment after deduction.
CREATE AN INVOICEInvoice value and CIS payment
The CIS deduction affects what the contractor pays you; it does not mean the work should simply be invoiced at the reduced net amount. TradeTake keeps invoice totals and estimated CIS payment separate.
Payment and deduction statement
The contractor’s payment and deduction statement is separate from your invoice. When deductions are made, the contractor must provide the statement within 14 days after the end of the relevant tax month.
VAT domestic reverse charge
Where the construction VAT domestic reverse charge applies, the invoice must make clear that the reverse charge applies. Whether it applies depends on the parties and the supply.
TradeTake provides estimates for planning purposes. It is not tax, accounting, employment-status or VAT advice. Check your circumstances and current HMRC guidance where relevant.