If you are a sub-contractor or you work for a contractor in construction industry, and you are self-employed, own a limited company or a partner in partnership you should register for Construction Industry Scheme (CIS). Otherwise you will be charged 30% tax on your income.

Where a business register for CIS, the contractor deducts 20% tax from payment made to sub-contractors and passes it to HMRC. As a business, you are entitled to claim refund on this deduction at the end of each tax year. year.

City Books Accountants Limited specialise in registering businesses in construction industry for CIS and helping them claiming back tax from the HMRC