The Construction Industry Scheme (CIS) was introduced by the HM Revenue & Customs (HMRC) in April 2007. Put simply, it is a set of rules for handling payments made by contractors to subcontractors for construction work. The scheme applies to contractors and subcontractors in mainstream construction work, however businesses or organisations may also apply to be in the scheme if they have a high annual spend on construction related activity.
You can register by calling the HMRC CIS Helpline on Tel 0300 200 3210. You will be asked for your name, address, date of birth and your Unique Taxpayer Reference (UTR). Once you are registered, let us know asap on 0843 455 5000 or email@example.com and we will get you registered on our side for the CIS pay method.
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If you work as CIS Umbrella or Self-Employed, why not sign up for our Tax Return package from only £15 per month. Global-Accountax will assist you with all the accounting operations performed during the financial year, as well as end of Year accounts. Giving you piece of mind your Tax Return is taken care of by one of our Qualified Accountants.