SUBCONTRACTORS TAX CERTIFICATE title: subcontractors tax certificate (FI) (SAP Library - Glossary)
SUBCONTRACTORS TAX CERTIFICATE category: Financial Accounting (FI)
SUBCONTRACTORS TAX CERTIFICATE explained:
A certificate, in the United Kingdom, that the Inland Revenue issues to builders and construction companies under the terms of the Construction Industry Scheme.
Indivdual builders and companies can qualify for a certificate if they meet certain conditions, for example, if they have earned above GBP 30,000 per head for at least three of the last four years prior to applying for the certificate.
The certificate, which is also known as a CIS6 certificate, is proof that the company has registered as a subcontractor with the Inland Revenue. You do not withhold any tax on payments to holders of these certificates.
More terms such as subcontractors tax certificate in Dictionary S.
- Manual Scrap Value:
- Help #039;s value that is not depreciated. You can use one of these methods for scrap value (memo value): Deduct the scrap value from the base depreciation value before the start of depreciation subcontractors tax certificate definition.
- Manual Segment (FI):
- Help company that can create its own financial statements for external reporting. With IAS, a distinction is made between two types of segment: Business segment Geographical segment A segment can be subcontractors tax certificate explain.
- Manual SSF Profile:
- Help the SAP System for Secure Store and Forward (SSF) mechansims where a user or component's private part of the public-key information is stored (the private key). The SSF profile may be a file or subcontractors tax certificate what is.
- Manual Selection Period:
- Help A part of the selection area in the Engineering Workbench. An object with a date effectivity is only copied into the worklist if it is effective on one of the days in the selection period subcontractors tax certificate meaning.
- Manual Service Development Workbench:
- Help side of the Service Session Workbench, the tool for delivering Service Sessions, such as the SAP Early Watch and SAP GoingLive Check services. These Service Sessions are developed in the Service subcontractors tax certificate abbreviation.
