Address
81D Sandeman Street, Dundee, Scotland DD3 7LA
Work Hours
Monday to Friday: 9AM - 5PM
Weekend: 9AM - 3PM
Construction Industry Scheme
At PFI Accountants, we offer specialized services to help contractors and subcontractors navigate the complexities of the Construction Industry Scheme (CIS). The CIS requires contractors to deduct money from subcontractor payments and pass it to HMRC, covering the subcontractor’s tax and National Insurance contributions.
What We Offer
Subcontractor Verification
We handle the verification process with HMRC, ensuring that subcontractors are registered and determining the correct deduction rates.
Accurate CIS Deductions
Our team ensures precise calculation and deduction of CIS payments, mitigating the risk of errors and potential penalties.
Monthly Returns
We manage the preparation and submission of monthly CIS returns to HMRC, ensuring timely compliance and avoiding fines.
Record Maintenance
We maintain comprehensive records of all CIS transactions, providing you with clear and accurate documentation for auditing and reporting purposes.
Reclaiming CIS Deductions
We assist subcontractors in reclaiming any overpaid CIS deductions, optimizing your cash flow and financial efficiency.
Compliance and Advisory
Our experts keep you informed about changes in CIS regulations and provide strategic advice to ensure ongoing compliance and financial optimization.
With PFI Accountants, you can focus on your construction projects, confident that your CIS obligations are professionally managed. Trust us to streamline your CIS processes, enhance compliance, and support your financial success.