How do I record HMRC payments that are CIS and NI

Hi @laurdan 

If you're simply marking these payments on a bank statement import, then they are payments to cover a liability (which liability account depends on how your CoA is arranged).

If you're entering as journals / payments then it depends on where you're entering the amounts (at which point in the process?).  It also depends on how much detail you want to go into in your Chart of Accounts.

CIS - is this CIS you've deducted from payments made to subcontractors?

If you have CIS setup correctly in QB, it should track this for you.  When you pay the 80% to the subcontractor, QB moves the 20% from Accounts Payable into a Withholding Account called CIS Withheld (technically, it goes the other way because AP is an asset account & CIS Withheld is a liability - but I find it easier to visualise as a sweep in that direction rather than creating a liability).

When you File CIS, this is moved into a Tax Suspense Account called CIS payable to HMRC.

Finally, when you pay HMRC this liability is cleared by payment from the Bank Account.

The movement of NI is similar (although employee NI & employer NI have separate starting points).

NI starts as Payroll Expense > Payroll Liability > Bank Payment

Hope this helps.