Labour Charge (£):
The cost of all labour charged (net of travel and subsistence and any VAT charged by the sub contractor).
Materials Charge (£):
The cost of all materials supplied (Include VAT if the sub contractor is not VAT registered).
Payment under deduction:
Is the subcontractor verified with HMRC for payment under deduction?
Note: These calculations are only for illustrative purposes and are not a substitute for professional advice.