The cost of all labour charged (net of travel and subsistence and any VAT charged by the sub contractor).

The cost of all materials supplied (Include VAT if the sub contractor is not VAT registered).

Is the subcontractor verified with HMRC for payment under deduction?

Note: These calculations are only for illustrative purposes and are not a substitute for professional advice. The NI calculation is annualised and therefore due to the change in the employee rate during the year, the amount is only an indication.

Team image

Newsletter Sign Up

Register for an email packed full of essential business news and tax tips.

View more
Management Accounting image

Management Accounting

Producing monthly or quarterly management accounts on a regular basis.

View more
Business planning image

Business Planning

Our proactive team can help you to put an efficient business plan into place.

View more
Factsheets & Resources image

Factsheets

Our factsheets cover a range of relevant accountancy and business topics.

View more