If you’re in the UK construction industry, using the Construction Industry Scheme (CIS), Xero can help reduce the administrative burden and paperwork.
We’ve just made some improvements, which mean you can now:
- Run a CIS audit report for ease of checking and greater insight into monthly return numbers
- Verify subcontractors from within Xero
- Calculate CIS deductions automatically when sending invoices using the Xero accounting app and desktop
Run a CIS audit report
The new CIS audit report lets you quickly see how the figures in your monthly return are made up. This enables you to feel confident that you’re submitting accurate numbers to HMRC each month. It also helps you know the impact that CIS is having on your business.
Here’s how to view the report and see a breakdown of all the transactions in the monthly return. Then you can click through from any transaction to view the related