| New CIS Requirement from 6th April 2007
Solumac's solution incorporates the new legislation requirements including enabling contractors to produce MONTHLY RETURNS to HMRC. This replaces the card/voucher system.
New CIS Rules require contractors to
Verify sub-contractors with HMRC
Produce monthly returns due on the 19th of the month, or 22nd of the month if payment is sent electronically to HMRC
Produce payment and deduction statement
More info can be found on www.hmrc.gov.uk/new-cis
For a free demo of our sub-contractor solution please contact Solumac on 0845 009 1137 or
email us on enquiries@solumac.com (guaranteed response within 48hrs)
Our solution benefits
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enables you to produce monthly sub-contractor returns quickly and efficiently
+ simplified solution to maintain all your sub-contractor details and regular payments
+ produce payment and deduction statement for all sub-contractors
+ view a snapshop of sub-contractors progress (percentage of work completed)
+ automatically raise reminder letters including VAT, Insurance and UTR details
+ features include measured work to date, variations, deductions not approved etc
+ incorporates half/full retention processing
+ minimise the need for filing, archiving and retrieving orders
+ simple and efficient way to raise/view sub-contractor orders
+ highly customisable and scalable as the business grows
+ produce a diverse range of reports for management decision making
+ available for single-users and multi-users
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