CIS, otherwise Construction Industry Scheme, is a collection of regulations between Contractors and Subcontractors in the construction industry. It applies to individuals involved in Self-Employment, Partnerships, as well as Limited Companies.
Rules governing CIS regulate co-operations between Contractor and Subcontractor and both parties are obliged to observe the regulations HMRC in this regard.
- Registration of Contractors and Subcontractors in CIS.
- Comprehensive handling of all formalities and settlements related to CIS.
- Making monthly declarations, deduction tax advances made by the contractor.