Who is covered by CIS
The Construction Industry Scheme (CIS) covers most construction work to buildings, including site preparation, decorating and refurbishment.
Mainstream contractors
If your business is construction and you pay subcontractors for construction work, you’re a ‘mainstream’ contractor. This applies if you’re a:
- builder
- labour agency
- gangmaster (or gang leader)
- property developer
Construction work not covered by CIS
There are also certain jobs that are exempt from the scheme, including:
- architecture and surveying
- scaffolding hire (with no labour)
- carpet fitting
- delivering materials
- work on construction sites that is clearly not construction, eg running a canteen or site facilities
How to register
To register for the Construction Industry Scheme (CIS) you’ll need:
- your legal business name – you can also give a trading name if it’s different to your business name
- your National Insurance Number
- the unique taxpayer reference number (UTR) for your business
- your VAT registration number (if you’re VAT registered)
If you’re a subcontractor and a contractor (you pay subcontractors to do construction work), you’ll need to register for CIS as both.
Limited Company Registration, Self Employment and all the initial Setup.
Please Let us help you today register your limited company and ensure the legal structure is Tax Efficient!
We shall also help with opening a business Bank Account, Payroll, Staff & Sub Contractor Contracts,Bookkeeping, VAT and End of year Accounts.
And that is just the start!
If you need to speak to a Pro active Accountant about your new venture, please contact us on 0208 679 4690 please Visit our website.