Construction Industry Scheme (CIS)

BLA offers specialised accounting services to construction companies, ensuring compliance with the Construction Industry Scheme (CIS) regulations and taxes. These complex set of laws and guidelines are specific to workers in the construction industry. 

Services we provide for CIS contractors and subcontractors:

• Register you with HMRC as a contractor
• Verify subcontractors with HMRC
• Ensure subcontractors are paid correctly within CIS
• Supply payment and deduction statements to subcontractors
• VAT returns, advice and information
• Keep contractor's accounts and records in order and submit monthly returns to HMRC
• Prepare and submit end of year self assessment tax returns along with the relevant tax calculations.

A contractor must determine each worker's employment status for each contract, and if deemed an employee, the contractor must run a PAYE scheme to deduct tax and National Insurance Contributions from their payments.

Whether you are a contractor or a subcontractor, our team of dedicated accountants can assist you in staying compliant with CIS regulations.