CIS Management

Staff and Contractors Management

CIS

The Construction Industry Scheme (CIS) is a specific UK tax system regulating payments to subcontractors in the construction sector. Under CIS, employers (contractors) must deduct a percentage from payments to subcontractors to cover their taxes, submitting it directly to HMRC.

Construction

CIS applies to businesses involved in construction as contractors or subcontractors, covering activities like:

  • Construction, renovation, or demolition work
  • Building new structures or modifying existing ones
  • Installing systems such as plumbing, electrical, or heating systems

Contractors must deduct a percentage (usually 20% for registered subcontractors or 30% for unregistered ones) from payments and remit it to HMRC.

This system ensures subcontractors meet their tax obligations.

Even businesses not primarily operating in the construction sector may be subject to CIS if they subcontract construction work above a certain threshold.

ADEMPIMENTI CIS

PAGE supports you in managing all CIS-related obligations, including:

  • CIS RegistrationAssisting with contractor or subcontractor registration with HMRC.
  • Subcontractor VerificationManaging the verification of subcontractors' CIS status and applying the correct deductions.
  • Calculation and Deductions ManagementEnsuring proper tax deduction rates and accurate submission to HMRC.
  • Monthly CIS ReturnsPreparing and submitting monthly CIS declarations, including payment and deduction details, to HMRC.
  • Deduction Recovery for SubcontractorsAssisting subcontractors in reclaiming overpaid deductions through Self Assessment or Corporation Tax returns.

With PAGE, you can rely on expert management of CIS compliance, ensuring your construction-related operations adhere to UK tax regulations and avoid penalties.