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THE CIS AND EXEMPTIONS

 

The two most commonly encountered exemptions from the CIS are:

 

Regulation 20: the payment of a reverse premium (e.g. a cash lump sum paid by a landlord to a tenant as an inducement to enter into a lease) is not a contract payment. Such payments may often be referred to as "capital contributions", and analysis will be required to ascertain if such a payment comprises a reverse premium for CIS purposes.

 

Regulation 22: broadly has the effect that payments made by a deemed contractor in respect of property used for its business fall outside the CIS, e.g. a payment made by a supermarket tenant to a third party sub-contractor in respect of the construction of a new supermarket. However, Regulation 22 does not apply if the property is held as an investment by the deemed contractor, e.g. a payment by the owner of a shopping centre which is held by the owner as an investment to a third party sub-contractor to build an extension to the centre.

 

Hover over the images below to find out more about CIS Compliance.

CIS COMPLIANCE FOR CONTRACTORS

Contractors, both mainstream and deemed, operating as a sole trader, as a partnership, or a limited company, must register as a contractor with HM Revenue and Customs (HMRC) under the Construction Industry Scheme (CIS) if;

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CIS COMPLIANCE FOR SUB CONTRACTORS

To achieve compliance sub-contractors must:

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THE CIS AND EXEMPTIONS

The two most commonly encountered exemptions from the CIS are:

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ONSHORE EMPLOYMENT INTERMEDIARIES: WORKING TOGETHER TO ENSURE TAX COMPLIANCE

Government introduced the Onshore Employment Intermediaries (OEI) legislation in April 2014 to regulate the use of intermediaries that disguised their workers’ employment status as self-employed

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WHAT WILL HAPPEN IF CONTRACTORS AND SUB-CONTRACTORS ARE NON-COMPLIANT WITH CIS?

Most construction businesses will be categorised as both a contractor and sub-contractor and awareness of the differing obligations of each role is essential.

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"WE ENSURE that both contractors and sub-contractors are fully compliant with the Construction Industry Scheme"

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