If you or company work in the construction industry, there’s a good chance you’ll need to register under HMRC’s Construction Industry Scheme (CIS). But what exactly is it?
The Construction Industry Scheme (CIS) is a HMRC deduction system system whereby contractors deduct money from their subcontractors and pay it direct to HMRC. he system is unique to the construction industry and its operation can cause complications for those who are unfamiliar how it works. But guess what? Here at Abbeygate Accountancy, we know all about it!
Our Construction Industry Scheme service includes:
- CIS Registration
- CIS Calculations
- CIS VAT Attribution
- Expert Accounting Advisors
As with all of our services, this list is not exhaustive and we are able to assist within any area of the CIS.
Leave the complicated work to us and get in touch today!