CIS tax return, and your refund claimed.
If contractors deduct tax from your payments under the Construction Industry Scheme, you usually need a Self Assessment return to settle the position. We claim every expense and recover any tax you have overpaid.
How CIS tax works
Contractors deduct 20% from registered subcontractors and 30% from unregistered subcontractors, and pay it to HMRC on your behalf. Subcontractors with gross payment status receive their payments without deduction.
The deductions are treated as tax already paid. Once your allowable expenses are set against your income, your return shows whether you owe more or are due a refund.
What is included
- Self-employed Self Assessment return
- CIS deductions matched to your payment statements
- Allowable expenses such as tools, materials, vehicle costs and insurance
- Refund claims where too much tax was deducted
- Filing with HMRC and written confirmation
Authorised and regulated
Is Cheap Tax Returns authorised and regulated? Yes.
Your return is prepared by qualified UK accountants holding qualifications from the leading accountancy bodies: ICAEW, ACCA and AAT. We are also on the ICAEW approved employers list, so you can file with confidence.
Regulated by the professional bodies. Reviewed by qualified accountants. Part of Accotax.
Questions, answered.
Many subcontractors are due a refund because the deduction is taken before expenses and allowances are applied. Your return works out the exact figure.
Your CIS payment and deduction statements, invoices, bank statements and receipts for business costs.
The usual Self Assessment deadlines apply: 31 January for online returns and payment.
Next steps
Keep exploring
Know your price before we start.
- Fixed fee confirmed in writing before any work begins
- ICAEW, ACCA and AAT-qualified accountants
- Filed with HMRC and confirmed, so you have proof
- A real person on the phone: 0203 4411 258