Under the Construction Industry Scheme (CIS), contractors deduct money from a subcontractor’s payments and pass it to HM Revenue and Customs (HMRC).

The deductions count as advance payments towards the subcontractor’s tax and National Insurance.

Contractors must register for the scheme. Subcontractors should register with HMRC otherwise deductions are taken from their payments at a higher rate (30%) if they’re not registered.

Omnia Staff are experts in the administration of the CIS.  If you need help or advice, get in touch –  info@omniaoutsourcing.com