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CRITICAL INFORMATION SUMMARY MANAGED SERVICES | DATA SERVICE 1000 GB 1.SERVICE INFORMATIONMinimum Terms | Data Service 1000 GB provides a broadband service provided either via ADSL2+ technology

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What is cis - tqms data?

CIS - TQMS data refers to the information collected under the Construction Industry Scheme regarding Tax Quality Management System, which is used to ensure compliance with tax obligations for contractors and subcontractors in the construction sector.

Who is required to file cis - tqms data?

Contractors who are registered under the Construction Industry Scheme (CIS) and engage subcontractors must file CIS - TQMS data to report payments made and tax deducted.

How to fill out cis - tqms data?

To fill out CIS - TQMS data, contractors must accurately provide details of payments made to subcontractors, including their tax status, amounts paid, and tax deducted during the reporting period.

What is the purpose of cis - tqms data?

The purpose of CIS - TQMS data is to ensure proper tax compliance within the construction industry by documenting payments and tax deductions, thus preventing tax evasion.

What information must be reported on cis - tqms data?

The information that must be reported includes the subcontractor's details, total payments made, amount of tax deducted, and any relevant VAT details.

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