Tax, CIS and Making Tax Digital for self-employed painters and decorators
Transcript
Tax, CIS and Making Tax Digital for self-employed painters and decorators Painting and decorating is construction work, so CIS applies whenever a builder or developer pays you, on new builds and repaints alike. Most decorators also work direct for homeowners and shops, who pay in full. Making Tax Digital counts both, and the small trade-counter buys are the costs most often missed. Painting or decorating the inside or outside of any building is covered by CIS, whether it is new or a repaint. That includes varnishing, decorative paintwork such as gold leaf on a banister, and protective coatings sprayed onto a surface. Paint, primer, varnish, wallpaper, paste, filler and caulk: materials for the work you sell. Brushes, rollers, trays, masking tape, sandpaper and dust sheets: consumables used up on jobs. No. Painting and decorating any building, inside or out, is covered, so a repaint of an old house or office is treated the same as a new build when a contractor pays you. Read the full guide for painters and decorators, with every source, at rightotax.co.uk.
Voice and visuals made with automated software, including AI.
Read the full guide, with every source
The one-minute version
Transcript
Tax, CIS and Making Tax Digital for self-employed painters and decorators Painting and decorating is construction work, so CIS applies whenever a builder or developer pays you, on new builds and repaints alike. Most decorators also work direct for homeowners and shops, who pay in full. Making Tax Digital counts both, and the small trade-counter buys are the costs most often missed. Read the full guide for painters and decorators, with every source, at rightotax.co.uk.
Voice and visuals made with automated software, including AI.
This is general information to help you understand the rules. It isn't tailored to your circumstances, so check your own position before acting on it.
Righto Tax is a trading name of NJG Consultancy Ltd, registered in England and Wales, company number 16095900. Registered office: Jubilee House, East Beach, Lytham St Annes, FY8 5FT.