Do I Register CIS As A Contractor Or Subcontractor
Автор: Grenfell James
Загружено: 2025-06-26
Просмотров: 1117
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CIS: Contractor or Subcontractor? Or both?
It’s one of the most common questions we get from clients in the construction industry.
CIS (Construction Industry Scheme) is HMRC’s system for handling tax on payments between contractors and subcontractors in construction. 🏗️
✅ If you pay others as part of a construction project, you're a contractor
✅ If you're paid by someone else, you're a subcontractor
✅ If you do both, you need to register as both 👷♀️
Once registered, contractors must:
Verify subcontractors before paying them
Submit a CIS return every month
Deduct the right rate (20% if verified, 30% if not)
Pay HMRC accurately and on time 💸
We strongly recommend verifying subcontractors as early as possible to avoid unnecessary admin pressure and last-minute delays on payment deadlines.
It’s easy to slip up, especially if you’re rushing to verify people last minute. Getting your process in place before payments go out is key.
📞 Need help navigating CIS or want someone to handle it for you?
Start here: https://www.gjassociates.co.uk/contact/
#grenfelljames #cisexplained #constructionindustry #contractors #subcontractors #hmrccompliance #smefinance #accountingsupport #payrollmanagement
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