CIS

The Construction Industry Scheme (CIS) is a set of regulations governing how construction companies and their subcontractors handle taxes and payments. The CIS applies to a wide range of construction-related activities, including:

• Building
• Civil engineering
• Demolition

If you're a contractor or subcontractor in the construction industry, you must comply with CIS regulations. This applies to both limited companies and self-employed individuals. To get started, you need to register with HMRC and obtain a CIS certificate.

How CIS Works

1. Registration: Both contractors and subcontractors must register with HMRC.
2. Deductions: Contractors are responsible for deducting 20% from payments made to subcontractors and remitting these funds to HMRC.
3. Record-Keeping: Subcontractors must maintain accurate records of their CIS deductions.

Our Services

Navigating the CIS can be complex, but we are here to help. Our services include:

• CIS Registration: Assisting with the registration process to ensure you obtain your CIS certificate promptly.
• Deductions Management: Calculating and making the necessary deductions accurately.
• Return Preparation and Submission: Preparing and submitting your CIS returns to HMRC.
• Compliance Support: Providing guidance and support to resolve any challenges that arise, ensuring full compliance with CIS regulations.

Let us handle the complexities of the CIS so you can focus on your core business. Contact us today to ensure you stay compliant and avoid any potential issues.