Is Turnover Before or After Tax in CIS? | Learn it All!

In the UK, under the Construction Industry Scheme (CIS), turnover is calculated before tax deductions. This means the revenue a business reports for CIS purposes does not have tax deductions, such as CIS or VAT deductions, subtracted from it.In the UK, under the Construction Industry Scheme (CIS), turnover is calculated before tax deductions. This means the revenue a business reports for CIS purposes does not have tax deductions, such as CIS or VAT deductions, subtracted from it.