CIS Returns

Loveless Accountants can calculate all of your subcontractor’s wages and provide monthly submission of returns to HM Revenue and Customs.

CIS Returns

The Construction Industry Scheme provides a way for an advance payment to be made on tax and National Insurance by subcontractors within this important industry. This scheme allows contractors to deduct money from a subcontractor and pass it directly to the HMRC. Every contractor in this industry must register and it is financially beneficial for subcontractors to register too. Starting from just £10 per month (plus VAT) we at Loveless Accountants can calculate all of your subcontractor’s wages and provide monthly submission of returns to HM Revenue and Customs. We can also supply a CIS statement for individual subcontractors.