CIS Return Services That Are HMRC Compliant
If you work in the construction industry, submitting an accurate CIS return on time is essential to avoid penalties and remain HMRC compliant. Our expert CIS return services ensure contractors and subcontractors meet all tax obligations while maximising efficiency and minimising errors.
What is a CIS Return and Who Needs to File One
The Construction Industry Scheme (CIS) is a tax scheme where contractors deduct tax from subcontractors’ payments and report these deductions to HMRC via a CIS return each month.
You must submit a CIS return if you:
- Are a contractor paying subcontractors for construction work
- Deduct CIS tax at 20% or 30% from subcontractor payments
- Operate in construction, demolition, repairs, or site preparation
- Employ self-employed workers under the CIS scheme
Failing to submit CIS returns accurately and on time can lead to HMRC penalties and compliance issues. Working with a professional ensures accuracy and compliance while reducing administrative burden.
CIS Return Services At MCC Partners Accountants
We provide comprehensive CIS return support, helping businesses stay on top of their tax obligations and avoid penalties.
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Monthly CIS Return Filing
We prepare and submit your CIS return to HMRC every month, ensuring all tax deductions are accurate and compliant.
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CIS Tax Deduction Calculation
We calculate the correct CIS tax deductions (20% for verified subcontractors, 30% for unverified ones) and ensure payments are processed correctly.
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Subcontractor Verification with HMRC
Before making payments, we verify subcontractors’ CIS status with HMRC to apply the correct tax rate and avoid compliance issues.
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CIS Rebate Claims for Subcontractors
If you are a subcontractor and have had too much CIS tax deducted, we help you claim a CIS tax rebate to recover overpaid tax quickly.
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CIS Compliance and Record Keeping
We maintain detailed CIS records to ensure compliance with HMRC regulations and reduce the risk of audits or penalties.
CIS Return Deadlines and Penalties
CIS returns must be submitted by the 19th of each month, covering payments made in the previous tax month.
What Happens if You Miss the CIS Return Deadline
CIS returns must be submitted by the 19th of each month, covering payments made in the previous tax month.
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£100 Fine
for missing the deadline by one day
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£200 fine
for missing the dealine by 2 months
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£300 - £3k fines
for continued non-compliance
How to Reduce CIS Tax Deductions and Claim a Rebate
Many subcontractors overpay CIS tax and may be eligible for a rebate. We help subcontractors:
- Claim back overpaid CIS tax quickly
- Ensure accurate deductions to avoid excessive tax payments
- Submit a CIS tax rebate claim with HMRC
If you believe you have overpaid CIS tax, we can assist in claiming your rebate efficiently.
Why Choose Us for CIS Return Services
We specialise in CIS return management, ensuring businesses in the construction industry remain compliant, efficient, and stress-free.
- Experienced accountants with CIS expertise
- Accurate tax deductions and return submissions
- Fixed, transparent pricing with no hidden fees
- Fast CIS rebate claims for subcontractors
- Year-round support to keep your business compliant
CIS Returns FAQ’s
What information do I need to complete a CIS return?
To complete a CIS return, you’ll need the subcontractor’s details, the amount paid before and after deductions, and the CIS tax deducted. You also need to ensure each subcontractor is verified with HMRC. Our CIS return service ensures all required information is accurate and submitted correctly each month.
How do I claim a CIS tax rebate as a subcontractor?
To claim a CIS tax rebate, you must submit a Self Assessment tax return that shows how much CIS tax has been deducted. Our team helps subcontractors claim their CIS tax rebate quickly and ensures they recover any overpaid tax from HMRC without delay.
What happens if I don’t file a CIS return on time?
If you miss the CIS return deadline, HMRC may issue automatic penalties starting from £100, increasing the longer it remains unfiled. Failing to submit can also lead to compliance checks or further investigations. Our monthly CIS return filing service helps you stay on time and avoid these penalties.
Get Expert CIS Return Support Today
Ensure your CIS returns are accurate, on time, and tax-efficient. Contact us today for a free consultation, and let us handle your CIS return submissions.
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Qualified Accountants In Gravesend
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MCC Partners offers comprehensive advice, guidance and support whether you are an established business or just thinking about starting up.
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01474 619990
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Contact Us