Within Paycircle, the CIS module allows you to set up and run CIS subcontractors through payroll. However even without the CIS module on, you can still enter CIS deductions suffered and deductions each time you run payroll, in order to keep the company’s EPS and P32 figures accurate.
Adding CIS suffered year to dates
For companies being set up mid tax year, you will need to enter the year to date values for CIS suffered in order for future EPS submissions to be correct. If the company has year to dates to add, follow the steps below.
Head to the Company settings area, then click Payroll settings.
Click Edit against the Employer status section.
Enter the suffered year to date figure, then click Save.
Adding CIS suffered when running payroll
When you run payroll each period from the current period, you can enter CIS deductions suffered, and any additional deductions. To do this, follow the steps below.
Note: It is important to note that the Additional subcontractor deductions are in addition to those that are being automatically deducted from subcontractors in the current period.
Click Calculate, and then tick the Report CIS deductions for this period checkbox.
Enter your deductions suffered this period, and if applicable, any additional deductions, by turning on the toggle.
Click Continue.
Entering a CIS suffered amount retrospectively
When running payroll, you might not have the suffered and deduction amounts yet. As CIS monthly returns don’t have to be in until 19th of the following tax month, some companies will provide the figures after the normal period has been run.
You may also need to edit CIS figures retrospectively, if they were inaccurate at the time of running payroll. It is important to note that this option will not be available after the 19th of the following tax month.
To submit the suffered and deduction amounts once a period has been processed, follow the steps below.
Note: It is important to note that the deduction amount refers to the total of deductions that were automatically calculated for subcontractors, and any additional subcontractor deductions you need to submit for the period
Click the Payroll tab, then click History.
Click the action cog ⚙️ against the respective period and click Submit CIS deductions.
Enter the suffered and deductions amounts, then click Save.