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I recently took out quick books I am a contractor who uses 1 Sub contractor , and I need to be able to send cis tax deductions by submitting a return every month , help

 
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I recently took out quick books I am a contractor who uses 1 Sub contractor , and I need to be able to send cis tax deductions by submitting a return every month , help

Hi there, @dereknelson3,

 

You need to have an active subscription to process CIS transactions in QuickBooks. To resume with your business processes in the program, you can resubscribe using the steps below:

 

  1. Open your QuickBooks Online company, then go to the Settings ⚙ icon.
  2. Select Account and Settings, then proceed to the Billing & Subscription section.
  3. Press the Resubscribe link and enter the updated billing information.
  4. Hit Subscribe.

I'm adding here an article to guide you with the reactivation: How to resubscribe or reactivate QuickBooks Online?

 

Please be reminded that QuickBooks currently doesn’t support online submissions for CIS returns. You need to manually enter them through the HMRC website. Use your business’s authentication codes to report the data in the CIS300 form within 14 days of the end of the tax month.

 

Enter the total payment made to each sub-contractor showing their name, verification number (obtainable from HMRC) and the deductions. Go to the Reports menu and locate the following report names on the Search box:

  • CIS Contractor Monthly Statement (CIS 300)
  • CIS Payment and Deduction Statement
  • CIS Suffered Summary

To learn more about how we handle CIS transactions, refer to these articles:

If you have other questions or need further assistance, let me know in the comment. I'll be more than happy to help. Have a wonderful day!