Product category:
Infrastructure and CAD Software
News Release from: JNC Solutions | Subject: New CIS Tax Scheme
Edited by the Buildingtalk Editorial
Team on 30 November 2006
Are you ready for the NEW CIS Tax
Scheme?
JNC Construction Solution's, latest product, 'NEW CISTax50', operates seamlessly in conjunction with the well proven Sage Line 50 accounting programme.
Are you ready for the NEW CIS Tax Scheme ? With the NEW CIS tax scheme due kick off in April ' 07, there's never been a better time to get up to speed on compliance and procedures and at the same time simplify the whole task
This article was originally published on Buildingtalk on 23 Sep 2003 at 8.00am (UK)
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New CIS Software For Sage Line 50
CIS Manager 50 has been developed by JNC Solutions for the smaller construction company to help simplify their CIS Tax and improve contract management and cost control.
New Guide To Increasing Profits
JNC Solutions has written a guide titled "The simple guide to increasing profit margin on each job, for the smaller construction company."
JNC Construction Solution's, latest product "NEW CISTax50" does precisely this and more.
The NEW CIS tax scheme system has a much greater emphasis on electronic inputs so a software programme to handle this is essential.
How does NEW CISTax50 work?.
The programmes operates seamlessly in conjunction with the well proven Sage Line 50 accounting programme.
It's easy to use which is important and simplifies the CIS scheme by linking directly to the HMRC web-site for verification of NEW contractors/subcontractors and online submission of the monthly returns.
The programme will collate contractors/subcontractors payments and deduction for each month and produce a report for submission, on-line to HMRC.
The dreaded vouchers and CIS cards will be eliminated, so reducing the paperwork.
However all subcontractors need to be included in the return even if they have not been paid that month so again an automated system saves a lot of time.
A monthly statement is generated automatically for each subcontractor who has had tax deducted.
All types of contractors/subcontractors transactions are supported so whether you receive Invoices, Applications or Time Sheets, the programme can provide an easy method of entry and make all the correct postings to Sage Line 50 accounts.
Nigel Whalley, Director, says "NEW CISTax50, joins a suite of software products specifically developed by working closely with the Building/Construction industry.
Supported by our in-house Sage Development team, each product shares the same objectives: - User-friendly software programmes that require the minimum of training resulting in time/money savings and greater efficiency".
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