cancel
Showing results forĀ 
Search instead forĀ 
Did you mean:Ā 
Announcements
Everything you need to know about banking in QuickBooks Online - Discover more
sigma-utilitiesl
Level 2

Should I enter the YTD value in the 'CIS Suffered' each month or just the value of the CIS suffered in that tax period? (I.e Month 5- Aug-Sept)? Thanks

 
Solved
Best answer September 15, 2020

Accepted Solutions
GeorgiaC
QuickBooks Team

Should I enter the YTD value in the 'CIS Suffered' each month or just the value of the CIS suffered in that tax period? (I.e Month 5- Aug-Sept)? Thanks

Hello and welcome sigma-utilitiesl :waving_hand:

 

You'll need to enter the total CIS suffered year-to-date value each month, rather than the amount incurred in that period. :smiling_face_with_smiling_eyes::thumbs_up:

View solution in original post

3 REPLIES 3
GeorgiaC
QuickBooks Team

Should I enter the YTD value in the 'CIS Suffered' each month or just the value of the CIS suffered in that tax period? (I.e Month 5- Aug-Sept)? Thanks

Hello and welcome sigma-utilitiesl :waving_hand:

 

You'll need to enter the total CIS suffered year-to-date value each month, rather than the amount incurred in that period. :smiling_face_with_smiling_eyes::thumbs_up:

sigma-utilitiesl
Level 2

Should I enter the YTD value in the 'CIS Suffered' each month or just the value of the CIS suffered in that tax period? (I.e Month 5- Aug-Sept)? Thanks

Brilliant, thanks for your help!

So if I have been putting in just the monthly figures for the last few months do I need to amend anything, or when I send the next one in YTD will it just correct itself?

Thank you :)

 

GeorgiaC
QuickBooks Team

Should I enter the YTD value in the 'CIS Suffered' each month or just the value of the CIS suffered in that tax period? (I.e Month 5- Aug-Sept)? Thanks

Anytime! The CIS value is submitted on the EPS which is a cumulative report, so anything submitted here will update and correct your previous submission to HMRC. 

 

You can see more on submitting the EPS on standard payroll here if you're unsure how - get back to us below if you come across any issues. :)

 

Thanks! :thumbs_up:

Need to get in touch?

Contact us