Accountants for CIS Contractor

Expert Help with CIS Tax Returns for Subcontractors and Contractors

If you’re a contractor or subcontractor working under the Construction Industry Scheme (CIS), managing your taxes can be tricky. At Brayan & Spencer Associates, we make it easy for you. We specialise in tax return for CIS subcontractor work, ensuring you meet all HMRC rules without stress.

Under the CIS scheme, contractors deduct money from subcontractors’ payments and send it to HMRC. These deductions are advance payments towards your tax and National Insurance. Handling these deductions and VAT can be complicated, but our skilled team is here to help with your CIS scheme tax return.

CIS covers most construction work, including:

• Permanent or temporary buildings and structures
• Civil engineering work like roads and bridges

Specifically, construction work under CIS includes:

• Preparing the site, such as laying foundations and creating access works
• Demolition and dismantling
• Building work
• Alterations, repairs, and decorating
• Installing systems for heating, lighting, power, water, and ventilation
• Cleaning the inside of buildings after construction work

Efficient CIS Tax Returns and Expert Guidance for Contractors and Subcontractors

For subcontractors, keeping track of CIS deductions and VAT can be overwhelming. We ensure your construction industry scheme tax return is completed correctly and on time. We know the details of CIS deductions limited company rules and make sure your company follows HMRC regulations.

We also handle your CIS monthly return, helping you avoid penalties for late submissions. As a CIS registered subcontractor, it’s vital to keep accurate records. Our experts prepare your CIS subcontractor return with care, reflecting all your earnings and deductions correctly. This way, you can focus on your work without worrying about taxes.

For contractors, submitting the HMRC CIS monthly return is crucial. This involves reporting all payments made to subcontractors each month. Missing these deadlines can result in large fines, but with Brayan & Spencer Associates, you’ll never miss a deadline.

Understanding the CIS can be confusing, which is why we offer a detailed CIS guide for contractors and subcontractors. This guide covers everything from registration and monthly returns to understanding your deductions and claiming back overpaid tax. It’s designed to give you the knowledge you need to navigate the CIS confidently.

Personalised CIS Tax Services Tailored to Your Needs

We offer personalized tax services, focusing on your unique tax needs. Whether it’s tax planning, deductions, or compliance, we’re here to help you succeed financially.

Partner with Brayan & Spencer Associates for expert assistance with your tax returns as a CIS subcontractor. Let us handle your tax affairs, so you can focus on growing your business stress-free.

Need help with your CIS tax returns? Contact our CIS tax return accountants today! Call us 0207 183 5956 or fill out our online form to get started!