The construction industry scheme (CIS) is a tax system for people working in the building and property sectors. CIS requires contractors to check the registration details of all subcontractors and deduct tax at source from their pay if necessary.
Contractors must then pay any tax deducted to HMRC together with a return every month. There are penalties for late and incorrect returns.
Contractors must also consider the employment status of their workers, as serious penalties can result from incorrect classification.
That is why we provide a competitive, comprehensive and confidential service for contractors that:
- Deals with all areas of administration, so helping you avoid the various penalties
- Produces monthly payslips and online returns, so unburdening your business
- Reviews the employment terms of each worker to confirm that their status is correct
- Protects your entitlement to receive payments without tax deducted.
We would be pleased to work with you to find the best solution for your business. Please contact us to discuss how we can help.
