Construction Industry Scheme (CIS)

For contractors and subcontractors working within the construction industry, the administrative burden of complying with CIS legislation can often be daunting and costly.

We aim to make our construction industry clients’ lives easier by providing a one stop shop for A to Z CIS compliance.

Contractors:

Through our experience of working with construction industry contractors for many years, we know that remaining compliant and accurate within CIS is extremely important and mistakes could be very costly and time consuming.

The services we offer contractors;

• Register CIS contractors and advise on CIS regulations
• Verify CIS subcontractors working for you
• Submit monthly CIS returns for CIS tax deducted on your subcontractors
• Submit monthly EPS to HMRC for CIS tax suffered
• Liaise with HMRC to ensure the correct CIS tax refund is issued
• Advise on VAT within the construction industry and it’s interaction with CIS, including the domestic reverse charge VAT.

Subcontractors:

For subcontractors in the construction industry, getting the right support to get your tax refund is vital. Having 20%, or sometimes 30% of your income taken at source means you will more than likely be due a refund at the end of the tax year.

The services we offer subcontractors;

• Register subcontractors and advise on CIS regulations
• Submit monthly EPS to HMRC for CIS tax suffered if needed
• Prepare annual accounts for Sole traders working as subcontractors
• Review CIS deductions and advise on refunds due
• Submit self-assessment tax returns for individuals to account for CIS tax suffered
• Liaise with HMRC to ensure the correct CIS tax refund is issued