CIS Returns
Construction Industry Scheme (CIS)
Required for contractors in the construction industry who hire subcontractors
Ensures compliance
Verifies subcontractors
Referral scheme
CIS
Preparation and submission of monthly CIS (Construction Industry Scheme) returns, detailing payments to subcontractors and tax deductions made.
Comprehensive CIS Solutions for Your Business
Required for contractors in the construction industry who hire other subcontractors in the
construction industry.
Compliance
Ensures compliance with CIS regulations, accurate tax reporting, and avoids penalties.
Subcontractor Verification
We can verify if your subcontractors are registered within the CIS scheme so you know instantly whether you should be paying your subcontractors at 20 or 30%.
Referral Scheme
If you have any subcontractors that are requiring Accounting services you can sign them up and receive a discount to both yours and their fees.
Fast Turnaround
We offer quick turnaround times for CIS returns, ensuring you stay compliant and avoid penalties, meaning you can efficiently manage cash flow, promptly receive refunds, and maintain accurate records.
What’s included?
Included
Generating CIS Returns
Submitting CIS Reports to HMRC
Notification of filing/payment deadline
Access to specialised advice
Assisting with repayment checks
Handling 3rd party communication (HMRC)
Amendments on prior returns
Ensuring compliance with HMRC
Verification of sub-contractors
Not Included
Data Required
We require payment records to subcontractors, invoices, and deduction statements for your CIS returns.
Turnaround Time
Our aim is generally to turn around CIS Returns within 3 working days from receipt of all necessary documents.