Construction Industry Scheme
The Construction Industry has its own legislation for the taxation of subcontractors.
As experts in the Construction Industry Scheme we will:
- Verify all CIS subcontractors with HMRC to ensure the correct rate of deduction is applied
- Calculate payments due each week/month
- Make payment to subcontractors (if BACS payments are required)
- File a return electronically with HMRC each month in accordance with CIS regulations
- Offset HMRC payments with CIS deductions suffered
- Issue CIS subcontractors with monthly statements (electronically or by post)
- Prepare and submit a P35 at payroll year end
Call us on 0845 073 9400 or contact us for more information or to arrange a free no-obligation consultation.
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