CIS sets out the rules in Construction industry. This includes how payments to sub-contractors should be handled.
The scheme applies to contractors and sub-contractors in construction work, however the businesses/organisations whose core activity is not construction but have a high annual spend on construction may also count as contractors and falls under the scheme.
Contractor under CIS need to follow certain rules when they are paying their sub-contractors, whilst for contractor it is important that you register with HMRC and keep them informed of any changes to your business.
What we offer
As a contractor under CIS, you need to make monthly returns each month. Alchemy will help you in calculating correct amount that need to be paid to sub-contractor and keep you up to date with HMRC.
Alchemy Associates Ltd would love to hear from you. You can call us on 020 8597 3316 or visit us personally at our premises and we will assist you from calculating CIS to refund.
How to apply for registeration
We help you in submitting your application and get you through to your registeration takes between 6-9 weeks.
We will book your appointment with one of our specialists CIS advisor, who will assist you in arranging your valid evidences, go through your expenses, compiling and making sure you get back maximum tax refund you suffered.
Registered with Companies House England & Wales
Company Registration Number: 03977097
Registered with ACCA
Chartered Certified Accountants