Helping you manage the CIS
The Construction Industry Scheme (CIS) applies if you work for a contractor in the construction industry as a genuine self-employed sub contactor.
Talk to usAll contractors working under this scheme will deduct money from a subcontractor’s payments and pass these onto HMRC.
These deductions count as advance payments towards the subcontractor’s tax and National Insurance.
Operating this scheme can be a complicated process, which could result in HMRC penalties if returns are not submitted correctly or on time.
Jackson Accounts can assist here by:
- Registering your scheme
- Validating contractors with HMRC
- Filing CIS returns
- Reclaiming CIS suffered