Can't sleep because of CIS?

Construction Industry Scheme (CIS)

Can’t sleep because of CIS?

Operating as a contractor in the construction industry may be quite overwhelming due to specific rules and legislation in relation to payments to and from contractors and for sub-contractor’s work.

The good news is that you do not have to deal with all calculations and documents by yourself to “live in peace” with HMRC.

 

Whether you are a small business or have hundreds of subcontractors at InterTax, apart from normal day-to-day record-keeping duties, we will:

 Verify your subcontractors

 Record all invoices from your subcontractors and calculate CIS liabilities

 File your monthly CIS returns within deadlines

 Inform you about amounts payable to HMRC

 Provide you with a Payment and Deduction Statement

 

If you are a subcontractor, on the other hand, we will help you with:

 Tax return

 Storing all your documentation in electronic form in one secure place

 Perform all day-to-day record-keeping duties

 

We use Xero accounting as our software which is fully compliant with HMRC requirements, all submissions are done digitally, so you have full control of what is being done on your behalf. All records of our contractor client are fully digitalised and automated as far as possible.

If you want to know how we automate the workload, contact us today.

Book a Consultation