Construction

Can't you 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-contractors' 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.

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
  • Help you to prepare for changes in CIS VAT charges, effective from 1st March 2021.

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

  • CIS registration
  • Storing all your documentation in electronic form in one secure place
  • Perform all day-to-day record keeping duties
  • Help you to prepare for changes in CIS VAT charges, effective from 1st March 2021.

As the software we use is fully compliant with HMRC requirements, all submissions are run smoothly and you have a full control of what is being done on your behalf. Our clients enjoy their records and accounts being transformed into fully digitalised and automated as far as possible.

If you want to know how we automate the workload, click here.