The Construction Industry Scheme (CIS) requires contractors to deduct money from the payments made to their subcontractors and submit it to HM Revenue and Customs (HMRC). These deductions are considered as advance payments towards the subcontractor’s tax and National Insurance.

To participate in the scheme, contractors must register with HMRC. However, subcontractors are not obligated to register, but if they don’t, deductions are taken from their payments at a higher rate.

Our accounting packages include all services related to CIS, and our team of experts can help you navigate the scheme’s requirements to ensure your compliance. Pricing for our complete accounting packages start from £25 per month, and you can easily request a quick quote by filling in the form below.