Does CIS apply to you?
CIS applies in all the following cases in the construction industry:
- self employed sole traders
This scheme also applies to labour agencies, property developers and gang leaders. CIS may apply also to non construction companies (housing associations, local authorities etc.) spending more than £1 million a year on construction operations. CIS applies to all companies working in the UK (also the ones based abroad).
London CIS Management
In order to pay someone else or getting paid under CIS, some rules need to be respected. Target online CIS management services help both contractors and subcontractors with targeted advice on CIS obligations and online operations. Our experienced London accountants helped several companies with CIS related paperwork and management.