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UK users of QB who are in the Construction Industry Scheme

 
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Al
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PostPosted: Tue Apr 22, 2008 12:45 am    Post subject: UK users of QB who are in the Construction Industry Scheme Reply with quote

Guys, looking for some assistance here.
How do you record the 20% tax a Contractor takes from your Invoice.
i.e. You bill him for £1000 and he pays you £800 (£200 goes to the taxman)
how do you account this.
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