For sub-contractors who work within the Construction Industry Scheme (CIS), you can get your annual tax refund back faster with ADS Accountants.
Whether it’s home improvements, a real treat for friends/family or a holiday, it’s always good to have extra cash whenever you need it.
What is CIS and can I claim?
The Construction Industry Scheme (CIS) is a complicated tax arrangement that sees contractors deduct money from a subcontractor’s payments, passing it to HMRC.
The deductions count as an advance payment towards the subcontractor’s tax and National Insurance, but most of the time these deductions are too high and most construction sub-contractors can claim a refund each year.
By doing your CIS tax return, you can also claim back things like equipment, clothing, meals and travel to increase your refund.
As long as you’re self-employed and working as a sub-contractor for somebody else, you will usually be able to claim CIS.
Claiming money back through CIS doesn’t need to be complicated. If you’re a scaffolder, painter, bricklayer, plasterer, carpenter, electrician or another self-employed tradesman then you can get your money back sooner with ADS Accountants.
Benefits of claiming back CIS with ADS Accountants:
Money in your account faster – Get your CIS rebate much sooner when you work with our advisers.
More money in your pocket – Our expert tax accountants will be able to advise you on all the CIS deductions you can use to maximise your rebate – including for things like meals and miles driven.
Contact a member of our team to register your interest confirm that you qualify for a CIS refund.