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BELLEVUE 2021OFFICE: : :450 110TH Ave NE P.O. Box 90012, Bellevue, WA 980099012 : bellevuewa.gov/UtilityRelief : 4254525285 : UtilityRelief@bellevuewa.gov TTY : 711OFFICE

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Gather all relevant information about the individual or organization you are creating the CIS cycle for.

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Start by filling out the basic information such as name, address, phone number, and email.

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Provide details about the income and expenses for the designated time period.

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Include information about any investments, assets, or debts that need to be disclosed.

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Who needs cis cycle?

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What is cis cycle?

The CIS cycle refers to the 'Construction Industry Scheme' cycle, which is a system for collecting tax from contractors in the construction sector in the UK.

Who is required to file cis cycle?

Contractors in the construction industry who pay subcontractors for construction work are required to file the CIS cycle.

How to fill out cis cycle?

To fill out the CIS cycle, contractors need to report their payments to subcontractors, the tax deducted, and any other relevant information using the official forms provided by HMRC.

What is the purpose of cis cycle?

The purpose of the CIS cycle is to ensure that tax on construction payments is collected promptly from subcontractors, thus preventing tax evasion in the construction industry.

What information must be reported on cis cycle?

Information required includes contractor and subcontractor details, payment amounts, and tax deducted from payments made to subcontractors.

When is the deadline to file cis cycle in 2025?

The deadline to file the CIS cycle in 2025 is expected to be set according to quarterly reporting periods, generally the 19th of the following month for each period.

What is the penalty for the late filing of cis cycle?

Penalties for late filing can include a fine that increases with the duration of the delay, and repeated late submissions may incur higher penalties.

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