Understanding the Construction Industry Scheme (CIS)

What is CIS?

For contractors and clients operating within the construction industry, there is a specific HMRC arrangement for the tax rules governing qualifying assignments. Under the Construction Industry Scheme (CIS), Contractors deduct money from Subcontractors payments and pay it directly to HMRC.

Our team fully understand and robustly test assignments that may qualify for treatment under CIS. All our tests are audited and specific records held.

A CIS basis suits a large number of skilled and management assignments within the construction industry. This can be simple and tax efficient for both the worker and the hirer.

Our Fees

Pay Hive will deduct a weekly margin fee for our processing service. We charge a competitive margin of £20 per week.

Please talk to our team for more information.

Find out more on the CIS scheme itself direct from HMRC at https://www.gov.uk/what-is-the-construction-industry-scheme.