CIS PAYROLL SERVICES (CONSTRUCTION INDUSTRY SCHEME) FOR CONTRACTORS & SUBCONTRACTORS
If you are a contractor in the construction industry and you employ subcontractors then you have a legal obligation to deduct tax and National Insurance from subcontractors’ wages each week or month. The Financial Management Centre has established a CIS payroll service which helps our clients avoid HMRC fines following a failure to comply with CIS rules.
The Financial Management Centre represents contractors and subcontractors alike who seek to ensure HMRC rules relating to CIS are followed correctly. When a subcontractor applies to be a CIS self-employed worker a UTR (Unique Tax Reference Number) will be issued to him or her by HMRC. This UTR allows the team here at The Financial Management Centre to deduct the correct amount of CIS tax from your or your subcontractors payments each month. You can apply for CIS status here or alternatively, contact your local office.
WHO OUR CIS PAYROLL SERVICE IS FOR
The CIS service offered at the The Financial Management Centre is available for the following group of people:
- Contractors
- Subcontractors
WHAT OUR CIS PAYROLL SERVICE COVERS
Our CIS service will carry out the below list of activities on your behalf:
- We will register contractors for the CIS scheme with HMRC
- Verify your subcontractors with HMRC
- We can produce statements of payments & deductions and on monthly / quarterly basis
- Complete your monthly return and submit to HMRC
- Offer general advice concerning all aspects of CIS
The Financial Management Centre can alternatively offer standard PAYE services.
CALL TODAY FREE ON 01444 639 037
Call the team here at The Financial Management Centre on 01444 639 037 for more information on our CIS payroll services. The Financial Management Centre has established branches all across the United Kingdom. Click here to learn the location of your local centre. Alternatively, fill out the enquiry form.
Our Plans
All our packages are fully customisable and we offer a fixed price monthly payment schedule - no surprises! This gives you certainty and allows you to spread the cost across the year.
Essential
From
£75
Per month*
Our essential package is suited to all businesses who are looking to ensure compliance with reporting requirements.
Professional
From
£300
Per month*
Take away the burden of managing finances and start focusing more on your business by investing in our professional package
Ultimate
From
£750
Per month*
Completely outsource your accounts whilst still maintaining a close eye on company performance with our ultimate package
* Fees vary depending on the size and need of the client business. Packages can be tailored so please contact us to discuss your requirements.