At Silver Tree, we can provide you specialist accounting services in relation to construction industry schemes (CIS). So that you can focus on day to day running of your business we can make sure that both contractors and subcontractors meets regulatory requirement.

If the regulation advises you to register under the CIS scheme, then you are also required by law to prepare and submit the monthly return to HMRC based on the deduction you made from the sub-contractors working for your company as well as making the payment to HMRC on time. If in case that your company is also suffering the CIS deduction, then you also need to report HMRC and confirms how much the CIS your company has suffered.

This can be challenging particularly when the incorrect information has been sent to HMRC. If that is the case, then we can liaise with HMRC on your behalf in order to re-submit the correct information. We will not only report the CIS you have deducted from sub-contractors, but we will also report the CIS your company may have suffered.

Services we provide and which can be included in our fixed fee package or Individually are as follows:

• Compete the registration process for you as a CIS contractor.
• Compete the registration process for you as a CIS sub- contractor.
• Verification of sub- contractors.
• Review and submit monthly CIS return.
• Monthly reporting on CIS suffered to HMRC.
• Help in re-claiming the CIS refund and deal with the inquires of HMRC regarding the same.