One of the important deadlines in the UK tax system includes construction industry scheme deadlines as well. The primary purpose of the deadlines is to keep the tax system smooth, and the work is done within a limited and specified period. If you are working in the capacity of a contractor or a subcontractor in […]
What are the Construction Industry Scheme Deadlines? Read More »
The Construction Industry Scheme (CIS) is funded by the government of the UK. This helps construction workers and builders avoid taxes and national insurance contributions. It allows employees and employers to manage their payroll taxes and income contributions in a unified way. Let’s find out How to check CIS status? Which can save time and
How Do I Check my CIS Status? Read More »
Are you a contractor who is wondering about how to register for CIS? For businesses operating in the construction industry in the UK, registering for the Construction Industry Scheme is a mandatory tax compliance requirement. CIS ensures tax deductions are taken at the source and remitted to HMRC regularly. Providing businesses with many regulatory and
How to Register for CIS? Read More »
This discussion is based on the HMRC CIS login. The Construction Industry Scheme (CIS) provides a simplified tax system for subcontractors and workers. Joining the CIS scheme can be a challenging process for beginners. However, it’s also an opportunity to manage taxes effectively and efficiently. In our discussion, we’ve covered important steps to follow when
What is HMRC CIS Login? Read More »
Are you trying to get a CIS card because you heard someone mention its countless benefits? That is how most people come to know about the card, but they don’t know what it is or how to apply for it. But now, with this blog, you will be equipped with all you need to know.
What is a CIS Card, and How Can You Get It? Read More »
You’d be amazed to know that one out of three construction workers pays excessive taxes that are estimated at around £80 million each year. So, if you are one of them, you should know that you can claim a CIS refund for Limited company for the last four years and can make around an average
How to Claim CIS Refund as Limited Company? Read More »
The Construction Industry Scheme simplified the process of tax submission for contractors and subcontractors in the UK. Building homes and expanding infrastructure is a never-ending process. It’s one of the most sought-after industries in the UK. If you’re diving deep into this booming industry then you have to keep yourself updated about construction industry schemes
What is Construction Industry Scheme and How It Works? Read More »
CIS (Construction Industry Scheme) is an activity that was authorized by HMRC in 1971 to shield development laborers from bogus business and limit tax avoidance in the development business. Special tax rules apply to the construction industry and workers who are motoring in The Construction Industry Scheme (CIS). CIS uses a verification system for contractors
Things You Should Know About CIS (Construction Industry Scheme) Read More »
On 6th April 2007, a new Construction Industry Scheme was introduced. Many of the characteristics of the previous scheme were carried over into the new scheme, but there are several important changes and CIS issues about which contractors and subcontractors need to be aware. The major changes relate to how the payment status of a
Construction Industry Scheme (CIS) Issues Read More »
Special tax rules apply to the construction industry and workers which are detailed in The Construction Industry Scheme (CIS).CIS uses a verification system for contractors to confirm whether a subcontractor should be paid gross or net. Construction Activities The definition of construction activities is widely drawn, so most construction businesses will be caught by CIS.
What is the Construction Industry Scheme and How Does it Work? Read More »
Our team of qualified accountants in London has qualifications from top accountancy bodies, such as ICAEW ( Institute of Chartered Accountants of England & Wales, ACCA ( Association of Chartered Certified Accountants & AAT ( Association of Accounting Technicians). In addition, we are on ICAEW approved employer’s list.
Get an instant quote based on your requirements online under 2 minutes, Sign up online or request a call back.
Looking for all inclusive monthly packages? Let us take care of your affairs so that you can focus on your business.
Can’t find what you are looking for? why not speak to one of our experts and see how we can help you are looking for.
Meets Your Business Needs Beyond Numbers.
Your details will not be shared or sold to third parties. By submitting you agree to our standard Privacy Policy.
Interested in ACCOTAX – Accountants in London? Why not speak to one of our qualified accountants? Give us a call on 0203 4411 258 or request a callback. We are available from 9:00am – 05:30pm Monday to Friday.
© Accotax 2024.
ACCOTAX – Chartered Accountants in London is one firm you’ll love to have a long-term relationship with. You’ll keep coming back for more because of our high-end accounting & tax solutions.
Regulated by: ICAEW, ACCA & AAT.
Website & SEO with ♥️ by: SEO Syrup
Submit your Self-Assessment Tax Return by 31st January to avoid penalties.
Need help? Our expert accountants are here to ensure your return is accurate and filed on time.
