If your business operates in the construction industry, understanding and complying with the Construction Industry Scheme (CIS) is essential. At Excel Accounting Solutions, we provide specialized CIS services to ensure that your business is fully compliant with HMRC requirements and help you manage your tax obligations efficiently.
Our CIS Services Include:
- CIS Registration: Assistance with registering your business with HMRC for CIS, ensuring you are properly set up to work as a contractor or subcontractor.
- CIS Deductions: Help with understanding and applying the correct CIS deductions, whether you’re a contractor making deductions from subcontractors or a subcontractor having deductions made.
- CIS Returns: Preparation and submission of monthly CIS returns to HMRC, ensuring that the correct deductions are reported and your compliance is maintained.
- CIS Tax Certificates: Issuance of the correct tax certificates to subcontractors and ensuring that they receive the proper documentation for their records.
- CIS Payments & Filing: Assistance in ensuring payments are made accurately and timely, and that all filings are done in line with the HMRC deadline.
- CIS Subcontractor Payments: Management of payments to subcontractors, ensuring that all deductions are correct and that payments are made promptly.
- CIS Refunds & Tax Planning: Helping subcontractors claim back any overpaid tax and offering tax planning advice to ensure you minimize your tax liabilities under CIS.
- HMRC Compliance: Ensuring that your business remains compliant with HMRC’s CIS regulations, avoiding fines and penalties for non-compliance.
Why Choose Excel Accounting Solutions?
- Expert Knowledge: Our team has extensive experience with CIS regulations and can guide you through the complexities of the scheme.
- Tailored Support: Whether you’re a contractor or subcontractor, we provide services that meet your specific needs, ensuring you’re always compliant.
- Time-Saving Solutions: We take care of the paperwork and filings, so you can focus on running your business.
- Accurate Deductions & Payments: We ensure that all CIS deductions are applied correctly, saving you from costly errors and penalties.
- Proactive Advice: We’ll help you plan your taxes effectively, ensuring you’re paying the right amount and claiming any refunds you're entitled to.
- Transparent Pricing: Our pricing is clear and competitive, with no hidden fees.
Ensure your business stays compliant with CIS requirements while minimizing tax liabilities. Contact Excel Accounting Solutions today for expert CIS support and let us handle the complexities, so you can focus on what you do best.