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CIS Scheme
Although you may be used to receiving payment under deduction through the Construction Industry Scheme (CIS), workers and their employers are increasingly coming under the tax authorities spotlight.
Changes to the CIS have meant greater risk for construction companies to ensure that those working on site are entitled to receive gross payments. A financial penalty for incorrect payments and their contractor status removed are deterrents from turning a blind eye to what was common practice.
In addition, many Government-funded works require those on site to be paying PAYE on their earnings in an employee capacity rather than self-employed.
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08707 669 229Email:
membership@fpsgroup.comWrite to us:
Membership Services, FPS Group, Administration Centre, Ramsey, IM8 1GBRegister here to join fpsFor New Registrations Call an Umbrella Company you can rely on:
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