CIS Returns

Are you a contractor needing help to file your CIS returns? Or perhaps you are a small business who uses contractors, and you need to report payments to HMRC?

CIS (Construction Industry Scheme) returns apply to contractors, subcontractors and businesses who hire contractors. Each month, by the 19th, you’ll need to submit a CIS return showing the payments made, along with tax withheld for the previous month (6th of month to 5th of next month).

How can we help you manage your CIS returns more efficiently?

While you can, of course, do your CIS returns yourself, many contractors and subcontractors are extremely busy with construction projects and don’t have the time to focus on their accounting. They are concerned about:

• Reporting the wrong amount and paying too much tax in advance
• Not reporting on time and incurring penalties
• Not claiming back overpaid tax

Did you know that if you are even one day late with your CIS return, you can be fined £100 by HMRC?

Whether you are a contractor or a sub-contractor, it’s vital you are compliant to HMRC rules. If you aren’t it can be an expensive mistake.

At Queen Accountancy, we can manage your CIS contractor setups with HMRC, Verify new subcontractors for CIS, provide monthly deductions reports to subcontractors and monthly CIS returns to HMRC. Everything you need for compliant reporting to keep your business and your construction projects on target.

Our self-assessment and CIS return services mean you’ll:

• Be confident that you’re HMRC compliant
• Never miss a return deadline
• Avoid overpaying income tax during the year
• Get your overpaid tax back as early as possible

CIS Return services in Lancashire and Yorkshire

Whether you are a contractor or a subcontractor, it’s vital you are compliant to HMRC rules. If you aren’t it can be an expensive mistake.

At Queen Accountancy, we can manage your CIS contractor set ups with HMRC, Verify new subcontractors for CIS, provide monthly deductions reports to subcontractors and monthly CIS returns to HMRC. Everything you need for compliant reporting to keep your business and your construction projects on target.

Our self-assessment and CIS return services mean you’ll:

• Be confident that you’re HMRC compliant
• Never miss a return deadline
• Avoid overpaying income tax during the year
• Get your overpaid tax back as early as possible