We often have clients ask us to explain the Construction Industry Scheme to them, as it can be quite confusing if you haven’t had to comply with it before.
Construction Industry Tax
The Construction Industry Scheme (CIS) is a system for collecting tax from subcontractors in the building industry.
The scheme principally applies to mainstream construction work. However, businesses or organisations whose core activity isn’t construction, but have a high annual spend on construction, may also count as contractors and f