CIS
Self-employed status
and maximised income!
The Construction Industry Scheme (CIS) is an HMRC scheme to prevent tax evasion in the construction industry. It features a series of rules on how subcontractors in construction should be paid. Within CIS, HMRC deducts a certain amount in tax and National Insurance contributions from the payment given by contractor to the subcontractor.
How much will be
deducted?
If a subcontractor is CIS registered, 20% will be deducted.
If they are unregistered, it will be 30%.
If they are unregistered, it will be 30%.
What work
does it cover?
- A permanent or temporary building or structure.
- Civil engineering work like roads and bridges.
- Preparing the site
- Demolition and dismantling
- Alterations, repairs, decorating
- Building work
- Installing central systems like heating, lighting, water, ventilation, or power.
- Cleaning the inside of the buildings after construction.