CIS.

The Construction Industry Scheme rules can be complex and onerous.

The Construction Industry Scheme was set up by HMRC to ensure subcontractors cannot evade tax within the UK construction industry and to protect them from false employment. Under the scheme, registered contractors deduct money from the subcontractor’s payments. This then goes directly to HMRC as advance payment towards the subcontractor’s National Insurance and tax.

Whether you are a contractor or a subcontractor, Sole trader or limited company, we can help you and you and your business comply with the CIS tax rules.

We understand the complex burden the scheme places on contractors with the minefield of filing dates and regulation around verification of self-employed subcontractors and employment status checks.

At Gr Accountancy we can help you with

• Registering subcontractors for CIS
• Setting up a CIS contractors’ scheme
• Submit your monthly CIS returns.
• Get Gross payment status.
• Claim any CIS credits from HMRC
• Complete Payments and deductions statements
• Provide ongoing support and advice.