CIS Contractors

The Construction Industry Scheme (CIS) has different tax rules for contractors and subcontractors, which are part of the construction industry. Fair View Accountax can give you the expertise needed to manage payments correctly and be compliant with HMRC.

The CIS was introduced by HMRC to combat tax evasion, by deducting tax at source from subcontractors. Although the scheme creates accountability, it can be tricky and time-consuming for contractors to complete the process accurately without some form of assistance. That is the reason collaborating with experienced accountants can save you stress and penalties.

How We Help Contractors

Fair View Accountax offers contractors a huge range of CIS services, such as:

Registering your business with HMRC;

Verifying subcontractors with HMRC;

Making correct and compliant payments;

Keeping accurate records and provide those records to HMRC on your behalf.

How We Help Subcontractors

We also provide a dedicated service to subcontractors including the following:

Advising you on whether you should be registered as an employee or subcontractor and managing the registration with HMRC;

Liaising with HMRC to complete verification through your contractor;

Organising and keeping your records of your business;

Preparing your self-assessment tax returns and assessing your tax liability.

Whether you are a contractor or subcontractor, at Fair View Accountax we take care of your CIS obligations. We provide professional advice and real solutions from our multiple offices across the UK.

Let us be your guide in this. So, call and make an appointment now!