CIS handled properly, month after month
The Construction Industry Scheme rewards routine and punishes improvisation. We run that routine for contractors and subcontractors, so deductions, statements and returns simply happen.
For contractors
- CIS registration with HMRC
- Verification of new subcontractors, so the right deduction rate applies from day one
- Deduction calculations on every payment, including materials treatment
- Payment and deduction statements issued to each subcontractor, every month
- Monthly CIS returns filed with HMRC on time
- Subcontractor queries answered, so they come to us rather than to you
For subcontractors
If deductions are being taken from your invoices, those amounts are advance payments of your tax and they need tracking properly. We keep your CIS records straight, reconcile deduction statements against what was actually withheld and make sure every pound of deducted tax is accounted for when your return is prepared.
CIS, VAT and payroll together
Construction finance rarely comes one subject at a time. The domestic reverse charge changes how VAT works on construction invoices, and site staff need payroll run alongside subcontractor payments. We handle the three together, which is where the errors usually hide.
CIS questions
What happens if a monthly return is late?
HMRC issues automatic penalties that escalate the longer the return is outstanding, even a nil return. This is exactly why clients hand CIS to us: the monthly cycle runs on our calendar, not on remembering.
Do you deal with gross payment status?
We can advise on whether your business is likely to meet the tests and keep the records that support an application and, just as importantly, that keep the status once granted.