term certificate what is
Meaning of subcontractors tax certificate. What is it: Revenue issues to builders and construction.

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Definition subcontractors tax certificate

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 Subassignment (FIN-SEM-BCS):
Help that subdivides (breaks down) the values of characteristic financial statement item . SAP delivers the following predefined subassignments: Partner unit Transaction type Transaction currency Unit of subcontractors tax certificate definition.
Manual Surety:
Help India, that the excise department requires from some exporters when they apply for an excise bond. Whether or not a surety is required is at the discretion of the excise department. A surety is in subcontractors tax certificate explain.
Manual Selection Group:
Help Grouping of selection fields in standard selection screens that form the entry point for all reports in a Billing Engine Application (BEA subcontractors tax certificate what is.
Manual Score (FIN-SEM-CPM):
Help assigned to a specific status. For example, to calculate a measure, the values of the assigned value fields are first aggregated to a result value. This result value is then mapped to a score, and subcontractors tax certificate meaning.
Manual Supply Relationship (QM):
Help with vendor or customer. Quality Management information for these business links are managed in the SAP system using the following master data: Supply relationships in procurement: Vendor master subcontractors tax certificate abbreviation.
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