by Ashley | May 14, 2024 | Construction Industry
Running a construction business is complicated. You have to manage suppliers, subbies and customers, ensure you stay compliant with ever-changing regulations, and try to make a profit when costs seem to rise almost constantly. As if that wasn’t enough to contend...
by Ashley | Apr 24, 2024 | Construction Industry
The construction industry is the only industry in the UK where self-employed subbies are taxed at source. This is done under the construction industry scheme (CIS). Under construction industry scheme rules, the main contractor must make CIS deductions from a...
by Ashley | Apr 16, 2024 | Construction Industry
The construction industry scheme (CIS) is a tax deduction scheme put in place by HMRC to tackle tax avoidance in the construction industry. Contractors must register under CIS. Subcontractors do not have to register, but failing to register for CIS has consequences....
by Ashley | Feb 23, 2024 | Construction Industry
Disagreements, conflicts, and disputes aren’t uncommon in business, and the construction industry sees its fair share. Even small construction projects can suffer setbacks and unforeseen issues resulting in delays, payment issues, or client disputes. But while these...
by Ashley | Jan 16, 2024 | Construction Industry
The Construction Industry Scheme (CIS) was introduced in the UK in the 70s as a way to prevent tax avoidance. Although it has seen lots of revisions and updates over the years, the purpose is still the same. Under current CIS rules, contractors must make CIS...
