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money
soft
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Payroll Manager is designed to handle the new CIS system that comes into effect from April 2007. It handles online verification of subcontractors, and the online submission of CIS300 Monthly Returns (for which HMRC accreditation has been received). CIS deductions are calculated as appropriate, and payments can take account of the cost of materials, VAT, CITB Levy, retentions, fees, insurance charges, subs and holiday funds.
CIS subcontractor payslips are produced, as well as (where necessary) subcontractor invoices. CIS deductions are included on the Employer's Payslip (P30), Employer's Payment Record (P32) and the Employer's End-of-Year Statement (P35).
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