CIS (CONSTRUCTION INDUSTRY SCHEME)

File for tax deduction under the CIS (Constructions Industry Scheme) for contractors and subcontractors while meeting regulatory requirements.

Businesses that operate in the construction industry will need to work under the CIS to deduct money from payments made by subcontractors before passing it to HMRC. Processing financial documents under the CIS scheme follows special tax rules that can be missed by inexperienced staff. Contractors need to make sure that the obligations under the CIS are followed while sub-contractors take care of their proper registration with HMRC.

 

Our services at Accovis LLP employ specialized accountants that can review your business status, maintain your records, issue payroll services, and prepare the necessary financial reports. We ensure with our clients that by working with us, we will not risk you incurring penalties due to inaccurate filings and missed deadlines. We keep ourselves up-to-date with changes in CIS regulations so that we can inform our clients of those that may affect them.

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