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CIS vs PAYE: Choosing the Right Payroll System for Your Construction Business
Manage episode 426246567 series 3581992
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In this episode of Build Smart Blueprint, we explore the critical differences between the Construction Industry Scheme (CIS) and Pay As You Earn (PAYE) payroll systems. Learn how each system works, the pros and cons, and how to decide which is best for your construction business. We'll also discuss the risks of misclassifying workers and the potential legal and financial consequences. Whether you're a contractor, subcontractor, or managing a construction company, this episode provides essential insights to ensure you're paying your workers correctly and compliantly. Tune in to make informed payroll decisions for your business!
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