CIS gross up, net to gross
cis_gross_upFinds the gross amount (excluding VAT) that leaves a given net payment after the CIS deduction, for a subcontractor quoted a take-home figure. Takes the net, the subcontractor's materials and the rate (0, 20 or 30). Where rounding lets two grosses give the same net, the larger is returned so CIS is never under-deducted. Returns the forward working on that gross, money in pence and pounds. VAT is not included; add it on top if the subcontractor charges it.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| net | Yes | The payment the subcontractor should receive after the CIS deduction, excluding VAT. Pounds, as a string like "1,200.00" or a number like 1200. | |
| rate | Yes | The subcontractor's CIS rate in per cent: 20 if registered, 30 if not registered or unmatched when verified, 0 for gross payment status | |
| materials | No | The subcontractor's materials within the payment, as for cis_deduction. Pounds, as a string like "1,200.00" or a number like 1200. |