Self Assessment explanation after CIS deductions
He thought the deductions meant everything was settled.
01
The problem
George knew his contractor had deducted money from his payments. He assumed that meant there would be nothing left to do at year end.
02
How TaxSimba helped
TaxSimba reviewed his circumstances, explained the reporting needed and prepared the return using the relevant income, expense and deduction records.
03
The outcome
George received an explanation of the final position. He understood why deductions during the year didn't automatically settle every part of his tax affairs.