Construction Industry Scheme
Are you a Contractor or Sub-Contractor operating under CIS? ClearTax provides the following services:
• CIS registration with HMRC
• Sub-contractor verification with HMRC
• Payroll services for CIS transactions
• File monthly CIS returns with HMRC on your behalf
• Self Assessment tax returns
Penalties have been introduced by HMRC (May 2010) for late payment of CIS deductions irrespective of the size of the business. By outsourcing CIS administration to ClearTax it ensures that Contractors are on top of their paperwork and can avoid such penalties and interest. Fees start from £299 + VAT.
For sub-contractors ClearTax will file your tax return online so if you are due a CIS tax refund it ensures you receive the repayment as quickly as possible. If there is tax to pay then we explain how much and when it has to be paid. Fees start from £150 +VAT.