We have a full CIS Returns service for Contractors and Sub-contractors.
Please Contact Us if you would like us to register you for CIS and prepare your Self Assessment
Introduction to the UK Construction Industry Scheme.
The Construction Industry Scheme is a UK tax system which applies to
contractors and
sub-contractors in the
construction industry.
In certain circumstances, when payments are made by contractors to subcontractors, the contractor must deduct and withhold some tax. This deducted tax is then paid over to
HMRC by the contractor, and is regarded as tax paid by the sub-contractor.
CIS is therefore similar to
PAYE for employers / employees.
When the sub-contractors make their
Self Assessment tax returns at the year end, they can count this deducted tax as already paid. This may result in either a balance of tax to be paid, or a refund.
CIS Registration
We can register you for CIS, please
Contact Us if you require this service.
These are 2 ways to register for CIS yourself:
• Telephone the CIS Helpline
0300 200 3210
• Send off form
CIS 301
Contractor's Monthly CIS Return
A
CIS Contractor must complete an
Online Monthly CIS Return to HMRC, which lists the
tax deducted from Sub-Contractors. If none in a particular month, then a 'nil return' is still required. The total CIS deducted must then be paid over to HMRC each month.
CIS Tax suffered by a Self-Employed Sub-Contractor
CIS tax which has been deducted by a Contractor when paying a self-employed sub-contractor is taken into account when the sub-contractor is filing the
Self Assessment Tax Return.
CIS Tax suffered by a Limited Company Sub-Contractor
CIS tax which has been deducted by a Contractor when paying a
limited company sub-contractor can be set off against the company's
Corporation Tax bill or reclaimed - please refer to the link below.
GOV.UK Guides:
Construction Industry Scheme: repayment claims for limited company subcontractors
Repayment claims for limited company subcontractors - Helpcard
HMRC Links
Here are some links to the
HMRC website:
  
CIS Guide
  
What is the Construction Industry Scheme?
  
Deciding whether your work comes within CIS
  
Are you a contractor or subcontractor under CIS?
  
Subcontractor registration and obligations