Outsourcing Bookkeeping Services UK & Accounting Services USA

Bookkeeping & Accounting Services

CIS (Construction Industry Scheme) UK Accounting

The Construction Industry Scheme (CIS) UK, contractors deduct money from a subcontractor’s payments and pass it to HM Revenue and Customs (HMRC). The deductions count as advance payments toward the subcontractor’s tax and National Insurance. Contractors must register for the scheme. Subcontractors do not have to register, but deductions are taken from their payments at … Read more