Under the Construction Industry Scheme (CIS), contractors deduct money from a subcontractor’s payments and pass it to HM Revenue and Customs (HMRC).
The deductions count as advance payments towards the subcontractor’s tax and National Insurance.
Denver Accountancy can provide CIS services and dedicates time, attention and expertise to improve results, allowing you the time and resource to focus on your business.
Our CIS Service provide you:
- Registration
- Verification – When you’re employing subcontractors, it is required to verify them with HMRC
- Correctly working out Gross pay
- Paying the CIS deductions to HMRC
- Monthly CIS Returns
- Peace of mind
