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Construction Industry Scheme in the UK

What does the Construction Industry Scheme (CIS) Cover?

The Construction Industry Scheme covers most construction work to

  • Construction Work.
  • Site Preparation
  • Demolition
  • System Installations
  • Post-Construction Cleaning
Exceptions
  • Architecture
  • Material Manufacturing
  • Material Delivery
  • Non-Construction Tasks

Our Complete Construction Industry Scheme Services

Expert guidance

Our experienced team simplifies the Construction Industry Scheme for you, offering clear advice and personalised support to meet your needs.

Time-saving solutions

Outsource your CIS tasks to us and free up valuable time to focus on your core business. Improve your productivity and efficiency today.

Accurate compliance

We guarantee accurate and timely CIS submissions, helping you avoid costly penalties and stay compliant with HMRC regulations.

Stress-free experienc

With PHS managing your CIS processes, you can relax. Our experienced professionals handle everything for you, reducing stress and letting you focus on growing your business.

What we offer

Simple CIS Compliance

We provide customised CIS solutions to meet the unique compliance needs of contractors and subcontractors.

Contractors

  • CIS Registration
  • Subcontractor Verification
  • Payment Deduction Statements
  • Monthly CIS Returns
  • CIS Penalty Appeals
  • CIS Payment Arrangements

Subcontractors

  • CIS Registration
  • CIS Refund Claims
  • EPS Submission
  • Payment Deduction Records
  • Query Resolution
  • CIS Advisory Services

Secure Your CIS Tax Return Refund!

At PHS, our expert team simplifies the CIS tax refund process, ensuring you claim every amount of money you owe. We handle everything, from registration to submission, allowing you to relax and focus on growing your business. With our customised support, your claim is in safe hands. Get started today and maximise your refund.

We understand that every business is unique. That’s why our services are customised to fit your specific requirements, improving efficiency and effectiveness in managing your CIS tax return.

Personal CIS services

At PHS, we offer personalised CIS services to simplify your construction tasks. Our dedicated team takes the hassle out of managing your CIS responsibilities, ensuring everything runs smoothly. Whether you’re a contractor or subcontractor, we provide customised support for registration, tax deductions, and timely submissions.

With our expertise, you can focus on your work while we efficiently manage your CIS requirements. Choose PHS for stress-free CIS compliance.

Why Choose PHS Associates for CIS Services?

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Expert Team

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Personalised Approach

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Comprehensive Support

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Value-Added Services

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Stress-Free Experience

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Proven Track Record

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Free Consultation

HMRC Construction Industry Scheme Guide

Understanding the HMRC Construction Industry Scheme is important for both contractors and subcontractors. Here are some key points:

Who Needs to Register?

  • Contractors who pay subcontractors for construction work.
  • Subcontractors who carry out construction work for contractors.

What Are the Tax Deduction Rates?

  • 20% for registered subcontractors.
  • 30% for unregistered subcontractors.
  • There is no deduction for subcontractors with gross payment status.

What Records Do You Need to Keep?

  • Payment records, invoices, and deduction statements for all subcontractors.

Do I Need to Register for the CIS Scheme?

If you're a contractor or subcontractor in the construction industry, you likely need to register for the CIS Scheme.

Eligible for CIS

According to HMRC, the following activities qualify as construction work under the CIS:

  • Site Preparation
  • Demolition & Dismantling
  • Building Work
  • Alterations, Repairs & Decorating
  • System Installations
  • Post-Construction Cleaning

Not Eligible for CIS

You don’t need to register for the CIS scheme if you exclusively perform any of the following roles:

  • Architecture
  • Surveying
  • Scaffolding Hire
  • Carpet Fitting
  • Maintenance
  • Material Production and Delivery

Benefits of Using Our Construction Industry Scheme Services

Avoid Penalties

With our expert management of your CIS responsibilities, you can avoid costly fines and penalties from HMRC.

Maximise Tax Efficiency

We ensure that deductions are applied correctly and refunds are claimed where applicable.

Stress-Free Compliance

Our team takes the stress out of CIS compliance, so you can focus on your business priorities.

Stay Updated

We keep you informed about any changes in CIS legislation and how they affect your responsibilities.

Your Trusted Partner for Personal CIS Services in the UK

At PHS, we're here to confidently guide you through the Construction Industry Scheme (CIS). Our expert team provides valuable advice on registration, ensuring you meet all requirements. We help you understand your responsibilities as a contractor or subcontractor, including tax deductions and payment processes.

With our support, navigating complex regulations becomes effortless, allowing you to avoid common mistakes. We also offer tips on record-keeping and submitting your returns accurately and on time.

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Get in touch

Arrange a free consultation with your local accountant, either in person or via video. It’s a casual chat to get to know you and discuss how we can help you.

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Chat to an expert

We provide clear explanations of the support available to you and are ready to act as business advisors to help you grow your business.

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Get a fixed quote

Our fees are fixed and customised to your individual needs, ensuring you only pay for the required support and services.

Get Started with PHS Associates

Reduce your Construction Industry Scheme responsibilities with PHS Associates. Our expert team is dedicated to providing reliable, efficient, and personalised CIS services to contractors and subcontractors across the UK. With our support, you can navigate the complexities of CIS compliance effortlessly and focus on building your business.

Contact us today to learn more about how we can help you with your Construction Industry Scheme needs. Let us take the stress out of CIS compliance so you can concentrate on what matters most growing your business.

Reach us today.

If you want to take your accounting work to the next level, then reach us today without wasting time.

Gives us a Call

0208 8611685

Send me Mail

info@phs-uk.co.uk

Frequently asked questions

Our consulting process Bookkeeping is the process of recording and tracking all financial transactions made by a business. This covers all of it, from purchases and sales to invoices and cash.Bookkeepers ensure that these transactions are organised and summarised into reports that reflect the business's financial health.

In the UK, bookkeepers typically offer a range of services, including Recording Transactions: Keeping track of all financial activities. Invoicing: Creating and sending invoices to clients. Payroll Management: Handling employee payments and deductions. Bank Reconciliation: Making sure that business records and bank statements match is known as bank reconciliation. Tax Preparation: Preparing necessary documents for tax submissions. Financial Reporting: Generating reports like profit and loss statements and balance sheets to provide insights into the business's performance.

Bookkeeping involves the day-to-day recording of financial transactions. It focuses on maintaining accurate records and organising financial data. Accounting, on the other hand, involves analysing, summarising, and reporting this financial data. Accountants use the information gathered by bookkeepers to create financial statements and assess a business's overall performance.

Financial Accuracy: It helps maintain accurate records of all transactions, which is crucial for understanding your business's financial position. Tax Compliance: Proper bookkeeping ensures that you have all necessary documentation for tax filings, reducing the risk of errors or audits. Performance Tracking: Regularly updated records allow you to generate reports that help monitor your business's performance over time. Informed Decision-Making: Accurate financial data supports better strategic decisions regarding budgeting, investments, and growth opportunities. .

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PHS Associates Acc & Co is led by a skilled team with expertise in Accounting, Taxation, Payroll, Business consultancy, and Company secretarial services.

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Company number - 08670151