The Construction Industry Scheme - or CIS - is an HMRC-operated business tax scheme. It’s designed to streamline the tax affairs for contractors and self-employed subcontractors working in the construction industry.
Through CIS, contractors make deductions from subcontractors’ payments and pay these to HMRC. These deductions contribute to a subcontractor’s income tax and national insurance obligations.
The CIS system involves tighter regulations than previously existed in this industry, meaning many contractors turn to CIS specialists for support, and to ensure compliance.
For contractors, working with CIS experts gives the peace of mind of knowing that you are operating within the law and meeting your obligations to HMRC and to your subcontractors. It shifts the admin responsibility away from your organisation, and into the hands of experts.
For subcontractors, CIS offers simplicity and, if they are registered, reductions in taxable income. Our services facilitate the registration of subcontractors, providing value and cohesion across the board.
For the purposes of CIS, construction includes jobs like alterations, installing heating systems, laying foundations, dismantling, and many more. Registration requirements vary depending on the nature of your role and the work you’ll be undertaking. As CIS experts we can help you get everything configured correctly to make sure you’re compliant, free of risk, and eligible to earn the money you’re entitled to.
