Withholding Tax Reporting 
Withholding Tax Reporting
Use
In the United Kingdom, you use the
Generic Withholding Tax Reporting program to print vouchers and prepare DME files for the Construction Industry Scheme.
You also use it to prepare a Section 16 return (see Year-End Reports below).
Features
The standard system comes with all the appropriate Smart Forms and DME tree formats. The Smart Forms provided print out the data on the preprinted, prenumbered vouchers provided by the Inland Revenue. The DME tree formats meet all of the Inland Revenue's requirements, both for the Construction Industry Scheme and Section 16.
A number of standard variants are also supplied (see below).
Activities
Output List
To display a list of all the withholding tax items for the Construction Industry Scheme, use the standard variant SAP&UK_CIS.
Monthly Reports
Under the terms of the Construction Industry Scheme, you are required each month to send the Inland Revenue a copy of all tax payment vouchers that you have issued. You can print out the vouchers on the preprinted, prenumbered forms supplied by the Inland Revenue, using the standard variant SAP&UK_CIS25I. This prints three copies of each voucher, one for the Inland Revenue, one for your subcontractor, and one for yourself. Note that you must use an impact printer.
Alternatively, if you want to send the Inland Revenue a DME file instead of the vouchers, use standard variant SAP&UK_CIS25E. This creates a DME file and prints out a copy of each voucher, which you send to the subcontractors.
In addition, you also send the Inland Revenue a copy of all construction gross payment vouchers that you have issued. To print out two copies of each voucher (one for yourself and one for the Inland Revenue), use variant SAP&UK_CIS23I. Again, this fills out the forms supplied by the Inland Revenue and again, you must use an impact printer.
If you prefer, you can sent the Inland Revenue a DME file instead. To create the file, use variant SAP&UK_CIS23E.
Year-End Reports
At year-end, you submit a return with details of all payments that you have made to subcontractors. To prepare a DME file with the return, use variant SAP&UK_CIS36E.
If you are required to submit a Section 16 return, you can create a file in rich text format. To do so, use process type STD and output group UK1.
Once you have created the file, you can convert it into an Microsoft Excel file by opening it from Excel. When Excel prompts you, specify that the fields are delimited by vertical bars (|).