CIS

What is CIS? CIS stands for Construction Industry Scheme and was brought in to protect those working within the construction industry and to ensure the right tax was being paid to HMRC. For CIS to apply, all parties must be registered for CIS payments and, at Backoffice Nationwide, we have a wealth of knowledge and experience of supporting CIS paid operatives.

CIS paid workers have 20% deducted from their salary to cover the tax and national insurance elements which means the take-home pay is generally higher, resulting in a happier work-force all round! Whilst it is beneficial for companies and contractors to use the CIS method of payment, it does come with a raft of administrative tasks and checks that are essential for HMRC compliance.

At Backoffice Nationwide, we are CIS registered and we have a highly experienced team that are experts at understanding the HMRC requirements and the administrative processes. If you are looking for a provider that can work as an additional arm to your business and is as passionate about your business as you are, let’s talk!

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