For those working in the construction industry, the Construction Industry Scheme regulations need to be met. At Hunter Jones Alton, we can assist you in complying with all the requirements of the Scheme for your business. This involves:
- Preparing and submission of monthly CIS Returns to HMRC
- Calculation of monthly CIS tax payable to HMRC
- Verification of subcontractors
- Application for Gross Payment Certificates
- Provision of CIS deductions voucher to subcontractors
We also advise on your compliance with employment status- employed versus self- employed, which is becoming increasingly complex and the HMRC penalties in this area can be high. We can discuss your situation and advise on all the factors which need to be considered in this area.