CIS Statements Adhering to the Construction Industry Scheme (CIS) requirements is crucial for both contractors and subcontractors. One of the essential components of CIS compliance is the proper handling of CIS statements. Contractors issue CIS statements to...
CIS Retentions Retentions within the construction industry refer to a portion of the payment that is withheld by the contractor from the subcontractor until the completion of the project or until certain conditions are met. This practice is intended to ensure that...
