
The Construction Industry Scheme (CIS) applies to all contractors in the construction industry. Are you set up properly? We can make sure your payments are compliant with HMRC. CIS is a set of rules set up by HMRC especially for the construction industry, dealing with payments made by companies to contractors and subcontractors for their work. The scheme covers diverse groups such as builders, gangmasters, foremen, property developers, labour agencies and staff bureaus.
Want to learn more about CIS? We cover many of the issues in our FAQs page. For a full construction industry scheme guide, contact us today.
Why Choose SenigUK
Your CIS tax return doesn’t have to be stressful. We’re here to help you to stay on the right side of HMRC.
- File CIS returns without any issues
- Outsource your payroll to us
Our aim is to make your tax payments and accounting efficient
Get clarity on your CIS gross statusent Account
If you are a sole trader or operate a limited liability company and you work in the construction business, you may need to register with HMRC under CIS. Different rules apply to contractors and subcontractors, and each category contains separate sub-divisions relating to self-employed workers, limited companies and LLPs. When you apply, you need to make it clear which category your business falls into. This sounds complex, but we can make it simple for you. We can help you register your limited company or sole trading business, and set up your limited company for PAYE to be able to claim a 20% deduction back from HMRC.
We can also advise you on expenses to claim regarding your CIS tax return to minimise tax exposure whilst avoiding enquiries from HMRC. Applying for gross status for your business can also help you to avoid CIS deductions from your payments, if your business turnover is more than £30,000.
Outsource your payroll to us
If you are a larger construction company and find your office time and resources being drained by filing CIS/VAT tax returns on deductions made on payments to subcontractors, you can outsource your payroll services to us. Your payments will run smoothly, all deductions will be in order and you will be able to concentrate on what you best – running your business.