Construction Industry Scheme
CIS Returns (Construction Industry Returns) are monthly returns that contractors must complete to show how much they have paid to subcontractors and how much tax they have deducted.
It is important to submit CIS Returns and make the CIS payments to HMRC on time or you may incur penalties.
JCA Accountants Limited can take this worry away and make sure that your CIS returns are filed efficiently and on time! We work with numerous contractors and put a process in place with you to make sure you are following the correct CIS procedures and that your return is submitted on time.
It is important to know that even when you in tax periods where you have not deducted any CIS from subcontractors, you still have to submit a nil return or, again, can incur HMRC penalties.
Give us a call on 07519655796 or email us at [email protected] to see how we can help you with your CIS Returns (Construction Industry Returns)