Construction Industry Scheme Archives

CIS monthly returns obligations

by tiemadmin | Feb 13, 2025 | Construction Industry Scheme

The Construction Industry Scheme (CIS) requires contractors to deduct tax from subcontractor payments and file monthly returns with HMRC. Even if no payments are made, nil returns must be submitted to avoid penalties. The CIS is a specialised set of rules...

Contractors and CIS

by tiemadmin | Feb 29, 2024 | Construction Industry Scheme

The Construction Industry Scheme (CIS) is a set of special rules for tax and National Insurance for those working in the construction industry. Businesses in the construction industry are known as 'contractors' and 'subcontractors' and should be aware...

CIS contractors monthly tax chores

by tiemadmin | Oct 5, 2023 | Construction Industry Scheme

The Construction Industry Scheme (CIS) is a set of special rules for tax and National Insurance for those working in the construction industry. Businesses in the construction industry are known as 'contractors' and 'subcontractors' and should be aware...