Specialist Sectors
Accountants for Subcontractors & CIS in Ilford
Construction subcontractors often have tax deducted at source under the Construction Industry Scheme. We help subcontractors keep proper records, claim the expenses they’re entitled to and get back any tax overpaid.
Help with the Construction Industry Scheme
Under CIS, contractors deduct money from a subcontractor’s payments and pass it to HMRC as an advance towards their tax and National Insurance. Your annual tax return works out whether you’ve paid the right amount, and many subcontractors are due a refund.
Our subcontractor services
- Self assessment tax returns including CIS deductions
- Claiming allowable expenses such as tools, vans and travel
- CIS registration and gross payment status advice
- Bookkeeping for sole traders and limited companies
- Help for contractors with monthly CIS returns
Talk to our friendly team
Please contact us to discuss your situation and our friendly staff will be happy to talk with you.
To talk to our team about subcontractors & CIS, call 020 8553 3504 or send us a message.
How we help
Why choose Butt & Co for subcontractors & CIS
CIS refunds
Reclaiming tax that’s been overpaid.
Expenses claimed
Tools, vans, travel and more.
Returns on time
Self assessment filed before the deadline.
Contractors too
Monthly CIS returns for contractors.
Call or get a quote now.
Our friendly team is here to help with your accounting and tax needs.
Related services
Other services you may need
Self Assessment
For many people the biggest problem is completing their self assessment tax return.
Bookkeeping
We are fully qualified bookkeepers with over 30 years’ experience working with a variety of small and large businesses.
Payroll
For most businesses, running payroll is time-consuming and pulls energy away from your core work.
FAQs
Subcontractors & CIS FAQs
How much tax is deducted under CIS?
Registered subcontractors usually have 20% deducted, and unregistered subcontractors 30%. Some qualify for gross payment status with no deductions.
Can I get a CIS tax refund?
Many subcontractors are due a refund once allowable expenses and personal allowances are taken into account on their tax return.
What expenses can a subcontractor claim?
Typical costs include tools, protective clothing, van or vehicle costs, travel to sites, phone and some training. We’ll check what applies to you.
Do I need to register for CIS?
Registering as a subcontractor means you have 20% deducted instead of 30%. We can help you register.
I'm a contractor. Can you do my CIS returns?
Yes. We can verify subcontractors and submit your monthly CIS returns to HMRC.
How do I get in touch?
Call 020 8553 3504 or send us a message and our friendly team will be happy to talk with you.
