CIS (Self-employed) – Margin
Exchequer will keep a small part of your income, or will charge a small margin* for our services including processing contractors’ pay. In some cases, a proportion of this will go towards contractors’ insurance fees.
*plus a margin to cover our apprenticeship levy costs.
In the UK, this margin is mostly charged to you as a fixed weekly amount – as is the case with Exchequer’s margin, which is outlined below.
What about the cost of public liability insurance?
If you don’t have your own public liability insurance we can arrange it for you. Our margin will increase by £3.00 each week to cover the administrative costs.
If you need any help or more information about our margins or the CIS scheme, then please contact us on 01244 500195.