Construction Industry Scheme (CIS)

Advantages of using DS Burge & Co's Construction Industry Scheme service:

1. You get a dedicated manager and 24/7 access to your business financials online.
2. Our contractor accountants take the stress and hassle of keeping on top of your records, so you can focus on running your business and stay safe in the knowledge you're meeting your CIS obligations to HMRC and your subcontractors.
3. We'll explain everything, from registering for CIS with HMRC to collecting the relevant information you need from your subcontractors.

Testimonials

DS Burge & Co

5.0 Stars - Based on 193 User Reviews

Having struggled to find an accountant who was competent using Xero, we have been delighted with the knowledge and assistance given by Kieran. He is always prompt to respond to any queries and we are very happy with the service provided.

Vicki d.
1/26/2022
DS Burge & Co chartered Accountants have always offered excellent personalised service and have been very helpful with all my queries no matter how varied they were. I have been using their services for years and can highly recommend this company.

Karin B.
1/26/2022
Outstanding service. Quick, efficient and more importantly, took the time to explain their calculations. I used DS Burge and Co for my tax return/self assessment. I have previously used an online accountant for years but due to a decline in that service, I wanted a more personal, local service and I got that in DS Burge and Co. Kieran and Kate both extremely helpful and communicative. Will use again.

Yasmin A.
1/26/2023
I started using DS Burge and Co following a recommendation from my brother. I have been with them now for 6 or 7 years now and I always find them to be extremely responsive and efficient. Kieran and Darius are extremely knowledgeable and up to date. I have recommended them to a number of friends who have started using them and then told me how good they. This reflects well on me but it has also confirmed my impression that they are a quality outfit.

Dr M.
1/26/2020
i have to give DS Burge& Co 5 stars as they are by far the best accountants we have had for over 40 years

Sandra B.
1/26/2022
Excellent service completing tax return on my behalf. Everything was completed in good time and the accountant handling my case was very happy to take the time to answer my questions. They made it feel personal and I really appreciated that

Kevin S.
1/26/2023
DS Burge & co operate a great accounting service. They are efficient, informed and friendly. Highly recommended.

Paul C.
1/26/2022
Kieran has been a fantastic help with both my personal and company accounts alike - very clear, organised, and always happy to answer my many questions! I wouldn't hesitate continuing to recommend him.

Zoe K.
1/26/2022
We have been working with Kieran for coming up to a year now. From the outset we found the service to be highly professional and supportive. The company are quick to respond to enquiries and go out of their way to support us as a client. They have helped our new adminstrator get on top of her bookeeping, which has been invaluable.

Rob W.
1/26/2022
We have used DS Budge & Co since we set up the company 11 years ago and I can honestly say that we wouldn’t still be here if it hadn’t been for their assistance over the years. They are not only first rate accountants but trusted, loyal advisors and friends – I could not recommend them more highly.

Camilla H.
1/26/2020
We have been with DS Burge for a little over two years and would highly recommend them to anyone looking for a candid, talented and hard working accountancy firm. We use them for both personal and business accounting. We wouldn't hesitate to suggest you call them.

Rupert J.
1/26/2022
I can't recommend Kieran and Yuko highly enough. They are thoughtful, responsive, reliable and trustworthy. I feel in very safe hands with them and they have supported the growth of my business right from the beginning. I always get a swift response to any queries or questions I have, and they are proactive, engaged and tech savvy. I have recommended them to several people and will carry on doing so as they provide an excellent service.

Lisa Q.
1/26/2022
DS Burge & Co have always gone above and beyond in providing accountancy services to our company. They are professional, accommodating and we wouldn't think to look anywhere else.

Tim M.
1/26/2022
Have worked with DS Burge & Co for the past few years and could not recommend Kieran and his team more highly, always professional and always responsive!

Richard A.
1/26/2022
DSBurge&Co provide and outstanding service for my company. I have used them for 20 years and see them as essential partners in my business providing a wide range of accounting services and financial advice. They definitely helped me to grow my business.

David B.
7/20/2021

Contractor vs Subcontractor role in the Construction Industry Scheme (CIS)

Contractor
You are defined as a CIS contractor if you are working on projects in the construction industry and use subcontractors to do any or all of this work.

As a contractor, it is your responsibility to deduct tax from each payment to your subcontractors and pay this over to HMRC on their behalf every month. The rate of tax you deduct is dependent on the status of the subcontractor.

In addition to handling their CIS deduction, it is also your responsibility to provide each subcontractor with statements showing the deductions you have made against their earnings. Payments must also factor cost of materials that are deducted.

If you are a contractor and want help managing your payments and other tax matters, our contractor accountants are here to assist you, so please get in touch.

Subcontractor
You are defined as a CIS subcontractor if you are working on projects for contractors in the construction industry. The deductions do not apply to all types of work. In order to see a guide of all work that is and isn’t covered, view this CIS guide for contractors and subcontractors. Alongside typical construction work, CIS applies to jobs such as repairing and decorating.

As a subcontractor it isn’t necessary for you to register for CIS. However, if you do, you can reduce the tax deducted from the default 30% down to 20%. Furthermore, if you pass three the three tests summarised below, you can apply for “gross payment status” which will allow the contractor to pay you in full with no CIS deductions:

Business Test – The business is run through a bank account
Turnover Test – The business has a net construction turnover of £30,000 each year for each relevant person (director and beneficial shareholder if the company is close) or at least £100,000
Compliance Test – The business has been up-to-date with its tax filings and payments over the previous 12 months

Deductions taken on a subcontractor's behalf will count as advance payments towards their Income Tax and National Insurance contributions.

As this tax is deducted at source without factoring in the subcontractor’s annual tax-free personal allowance and any deductible expenditure, when they come to fill in your self-assessment tax return at the end of the tax year, it is common for them to receive a tax refund.

Under CIS it is also possible for you to be classified as both contractor and subcontractor.

Contractor vs Subcontractor role in the Construction Industry Scheme (CIS)

Additional Services to Help with Your Tax

Alongside advising on CIS, our team can help review your tax requirements to ensure you meet all regulations and deadlines set by HMRC. Whether you need assistance submitting a personal tax return or want to look at setting up a limited company, we can help prepare and plan how to optimise your tax position.

Our Fees

We provide all quotes free of charge. After a free initial consultation to understand your situation, we will explain what you will need from us along with our fees in advance. With DS Burge & Co supporting your CIS requirements there is total transparency on what you are getting.

Whether a CIS contractor or subcontractor, our fees will also be tax-deductible to you.

We already help a large number of clients in the construction industry. If you’re looking for reliable accountants for contractors, or would like to find out more about CIS, and get a free quote, please don’t hesitate to get in touch.

DS Burge & Co

Construction Industry Scheme (CIS)