The Construction Industry Scheme has more moving parts than most people realise, verifications, deductions, monthly returns, payment and deduction statements, and the small matter of getting it all to HMRC on time. We run CIS for your contractor and subcontractor clients UK wide, so your firm can offer it as a service without the added work.
What’s included
- Subcontractor verification with HMRC
- Calculation of CIS deductions (gross, 20%, 30%)
- Monthly CIS returns to HMRC
- Payment and deduction statements issued to your client’s subcontractors
- CIS suffered offsetting against PAYE liabilities
- Year end HMRC correspondence
Who it’s for
Accountancy firms with contractor clients who pay subcontractors under CIS, and with subcontractor clients managing their own deductions and returns.