CIS Services
The Construction Industry Scheme (CIS) sets out the rules for how payments to subcontractors for construction work must be handled by contractors in the construction industry.
What Contractors need to do under CIS
As a contractor you have certain obligations under the scheme, including registering with the scheme, deducting money from a subcontractor and passing it across to HMRC and submitting monthly returns. We can help you with all aspects of being a contractor. You MUST NOT pay any subcontractor without running a CIS scheme.
What do Subcontractors need to do under CIS
Register as a subcontractor if you do construction work for a contractor. We can provide advice and guidance on your role as a subcontractor.
Domestic reverse charge
The domestic reverse charge is a major change to the way VAT is collected in the building and construction industry. It came into effect on 1 March 2021.
This means that customers receiving the service have to pay VAT due to HMRC instead of paying it to the supplier.
This affects you if you supply or receive specified services that are reported under the Construction Industry Scheme (CIS). Please contact us for more information and how this scheme affects you and your business.