Construction Industry Scheme (CIS)

If you are working in the construction industry whether as self employed or through a limited company, you will have certain responsibilities towards HM Revenue and Customs (HMRC) and that is where Eureka Accountants can help you to fulfil all your obligations. We provide our CIS tax returns and accounting services to individuals and companies.

What is Construction Industry Scheme (CIS) and how it works?

Under the Construction Industry Scheme (CIS), contractors deduct money from a subcontractor’s payments and pass it to HM Revenue and Customs (HMRC).

The deductions count as advance payments towards the subcontractor’s tax and National Insurance.

Under the Construction Industry Scheme, if you are a subcontractor you will need to register with HMRC as a CIS sole trader. Your CIS contractor will check your registration with HMRC and if verified will deduct 20% of tax from your invoices and will pay this to HMRC on behalf of you. If you are not a registered CIS subcontractor, your contractor will deduct 30% of your invoices.

Who counts as a contractor or subcontractor?

Contractors must register for the scheme. Subcontractors do not have to register, but deductions are taken from their payments at a higher rate if they’re not registered. Register as a contractor if either.

Register as a subcontractor if you do construction work for a contractor.
You must register as both if you fall under both categories.

Work covered by CIS

CIS covers most construction work to:

For the purpose of CIS, construction work includes:

Exceptions

You do not have to register if you only do certain jobs, including:

How we can help?

At Eureka, we have a team of expert CIS employed accountants who can help you with the following:

For more information and to arrange a free consultation, please contact us.

We have the best reputation in the world. We offer cost-effective accounting services

Contact us for more information about our services.

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Edna Oyedi
Edna Oyedi
March 15, 2023
Eureka is a reliable accountancy, they have provided me with day to day advice on how my business can grow and develop. They are easy to contact for assistance and guidance and they care about you as a person and your business as a whole. I do recommend Eureka accountancy.
Aftab Khan
Aftab Khan
January 31, 2023
Excellent service. I would strongly recommend for efficient accountancy. Just a phone call away, always ready to help. Very knowledgeable would always keep you right and up to date. Makes your life hassle free, will share all details required for your payrolls, other payments etc.
Zara World
Zara World
January 31, 2023
I am new business owner, so i was very unfamiliar with the various structures and tax process. Eureka Accountants explained everything to me and made it very convenient and easy process for me overall. Great service and extremely helpful. Would recommend to anyone Thanks very much
Ali Zubair
Ali Zubair
January 31, 2023
As a small business owner, finding the right accountant is crucial for the success of my company. I am beyond grateful to have found this great accountancy firm who has been a valuable asset to my business for the past 4 years. They are trustworthy, diligent, honest and friendly, making the financial management process for my business seamless. Their expertise has allowed me to focus on growing my business while they take care of the finances. I highly recommend this firm to any small business owner in need of a dependable and knowledgeable accountant. Five stars all the way!
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Shanaz Khan
January 31, 2023
Great service and very competent, helpful and friendly staff!

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