CIS - Transform Your Construction Business: Mastering CIS Gross Status (CIS Series 10)

CIS - Transform Your Construction Business: Mastering CIS Gross Status Are you tired of dealing with confusing tax deductions for your construction business? Look no further than the CIS Gross Status! This status can bring numerous benefits to your company, but when does it come into effect? In this video, you can also find out which companies qualify. In this video, we will discuss the pros of having your business registered for Gross Status, as well as the requirements and qualifications needed. We will also talk about which companies benefit the most from this status and when it may not be the best fit for your business. Discover why Gross Status can be a game changer for your company and learn helpful tips to maintain this status. MDH Accountants are an award-winning firm based in Accountants Surrey and Accountants London. Our Director Michael Hemme is known as the Wealth Whisperer! If you like this video, don't forget to Subscribe to our channel! 👇 Watch our CIS Playlist here 👇 https://youtube.com/playlist?list=PLyMylL5Zy5G1uwpGTO7WT032IWsfVRHhi Time Stamps: 00:00 - Intro 00:11 - Getting annoyed with tax deductions? 00:41 - When does the CIS Gross Status come into effect? 00:57 - The pros of having your business registered for Gross Status 01:11 - Which companies qualify for Gross Status? 01:48 - Requirements to qualify for Gross Status 02:45 - Which companies benefit from Gross Status? 03:05 - When is Gross Status not good for you? 03:48 - Why is Gross Status better? 04:26 - Helpful tips if you want to keep your Gross Status Contact Us & Book a Meeting Calendly: https://www.mdh.me.uk/book-call/ Join Our Business Growth Programme: https://www.mdh.me.uk/business-growth-programme/ MDH Main website: https://www.mdh.me.uk/ Business Growth Book https://www.mdh.me.uk/get-your-copy-of-our-book/ Tax Saving: 74 Ways To Pay Less Tax https://www.mdh.me.uk/74-ways-to-pay-less-tax/ Funding: A Free Guide for Business Owners in The UK: https://www.mdh.me.uk/funding-guide-uk-business-owners/ ___________________________________________________________ Say Hi on Social Media: Facebook: https://www.facebook.com/AccountantsLondon Linkedin - Michael: https://www.linkedin.com/in/michaelhemme/ LinkedIn - MDH: https://www.linkedin.com/company/mdh-business-advisers-limited/ Instagram: https://www.instagram.com/mdhaccountants/ TikTok: https://www.tiktok.com/@mdh_accountants #ConstructionIndustryScheme #GrossStatus #TaxDeductions Content ID Code 1XCPD02THPJDQTJM https://youtu.be/WBC3UY7t1K0