235: What is the Construction Industry Scheme (CIS) and do I need to be concerned about it?

If you’re doing major works to a property, the construction industry scheme (CIS) might apply to you. Under the scheme, contractors must deduct tax from payments they make to subcontractors and send this money directly to the taxman. If you're unsure whether CIS applies to you, property tax specialist Simon Misiewicz answers the key questions about it in our latest podcast. ********* Our Open Days & Education - https://www.insidepropertyinvesting.com/education/ Our YouTube Channe...

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The Inside Property Investing Podcast is a regular interview show, sharing the stories of the most inspiring and successful property investors and entrepreneurs. We discuss their backgrounds, how they got started in property investing, where there business is at now, their future goals and plans to get there, as well as advice for those of us looking to start investing or take our property business to the next level.