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Businesses in the UK are required to submit a CIS return to HMRC monthly. This is normally done electronically.
The following new functionality would be required at time of generating the CIS return.
- A mechanism would be required to automatically submit the CIS return to HMRC. A standard HMRC API for CIS is available, so this could potentially be used. Technical specifications for the Construction Industry Scheme Online service - GOV.UK (www.gov.uk)
- It must also be noted that many ERP products offer a standard CIS API for this, this is really something that MS should have as standard. This includes their current system, Unit 4 (Coda) as well as Oracle, Sage etc. See link with providers. https://www.gov.uk/government/publications/construction-industry-scheme-cis-commercial-software-suppliers/construction-industry-scheme-cis-commercial-software-suppliers
STATUS DETAILS
Needs Votes