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Those who belong to the construction industry, whether as a contractor, subcontractor or hanging with a construction site and carrying construction related duties may fall under the CIS (Construction Industry Scheme). The CIS is a government scheme aimed at the construction industry. The companies, corporate giants, partners or even the self-employed individuals can benefit from the scheme.
The scheme was introduced and implemented by HM Revenue & Customs to collect tax from construction industry workers as advance payments. It helps the construction workers to pay the right tax amount only and ensures that they will not pay more tax than what they are actually liable for. However, there are several advantages and benefits you can surely avail if you choose to operate as a CIS registered worker.
At Fast Accountancy, we provide assistance to comply with the requirements of CIS for you and your business. Getting yourself enrolled through Fast Accountancy CIS specialist service, you will get excellent benefits and advantages. Once we are appointed, we will take care of all your accountancy and compliance related matters and you may concentrate on your business.
Fast accountancy’s experienced team specialises in expanding the opportunities for the CIS registered contractors to save most from their construction contracts effectively.
Fast Accountancy CIS is a specialist service for the construction industry sector. If you’re self-employed contractor or sub-contractor and working in CIS sector, we can help you register for CIS, file your monthly CIS returns and end of your tax returns. We can also help you claiming tax refunds.