CIS Subcontractor
It’s time to invoice the contractor for the work you’ve done, what things come under CIS and need to have deductions applied? It’s easy to get it wrong and either end up getting paid the wrong amount or delaying payment while the contractor tries to figure it out. Then when it comes to the end of the year and filling in your tax return are you including everything you should so you can make sure you don’t overpay?
With NGR Accountancy all you have to do is pass us all the paperwork and we will deal with it all for you. For a low flat monthly fee of £40 per month, we’ll deal with the CIS returns as they come in and when the end of the year rolls round we’ll sort out your self assessment. We’ll even provide you with an invoicing solution that will make sending CIS invoices simple.
All businesses working in certain areas of the construction industry are required to register for CIS, either as a sub-contractor, a contractor or both. It’s an extra burden on top of everything else you have to do and it’s easy to get it wrong.