What is CIS
CIS stands for Construction Industry Scheme which is a set of special rules laid out by the tax office for handling payments made by contractors to subcontractors for construction work.
The Construction Industry Scheme (CIS) applies to contractors, subcontractors and any organisations that have a high annual spend on construction, even if their main work isn’t in the industry. If your firm is involved in construction, it may need to register with HMRC under CIS.
When registering you need to indicate whether you’re a contractor or subcontractor as different rules apply to each category. Within each category there are separate terms that define your business.
What Unified Payroll has for you
Unified Payroll offers a compliant CIS Umbrella Scheme to handle all your paperwork for you, making it easy for you to continue to having the flexibility of working under your own name, but with no worries of HMRC’s many rules and regulations.
Unified Payroll is registered with HMRC for CIS
For your payments to be processed under the CIS Scheme you have to initially be registered as self-employed with HMRC.
We invoice and collect all payments due from your agency and pay you after deducting a small margin for our services