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

Very good indeed. Quick response and a very efficient service with good communication throughout

Alex C.
11/26/2023
I am very pleased with the service they provide.

Louise H.
12/26/2023
DS. Burge & CoProfessional . Very Friendly and Helpful with our accounts

Alan B.
7/13/2021
I am happy with the service I receive for both my companies, Kieran and his team are very professional and great value for money. Happy that I changed!!

Agnes T.
1/26/2022
Very efficient and easily accessible. Responds quickly to communication. I would recommend to others.

Cath G.
1/26/2020
I was recommended DS Burge several years ago by a friend to do my tax return. Kieran is always a calm guide & explains all points clearly. It gives me peace of mind to work with a professional. I strongly recommend this firm.

Leonora T.
1/27/2024
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
Kieran is helping me with my self assessment for couple of years and the service is always personal, timely and professional. Recommended.

Iggy N.
12/29/2023
I have nothing but great things to say about DS Burge & Co. Working for a company that is migrating from overseas in to the UK naturally has its challenges, but these have all been made as simple and efficient as possible thanks to Kieran and his team. Their calm and mindful approach and vast knowledge of the finance and accounting sector has ensured a smooth transition for all. I would not hesitate in recommending their services.

Will T.
1/26/2022
Excellent service from DS Burge and Co; very responsive and pragmatic and helpful approach. Extremely well priced service. My wife and I have used their services for a number of years and have always been extremely impressed.

Julian T.
1/26/2020
We've used DS Burge & Co Accountants to process our business accounts for the past few years. Kieran and his team have provided an outstanding service during this time. Kieran's wealth of knowledge and understanding of finance and accounting has been invaluable for a business like ours. His advice and attention to detail is first class, and we would recommend DS Burge & Co Accountants to anybody in need of accounting services.

Daryl H.
1/26/2022
Fantastic company, they have been doing my accounts for years and I can't recommend highly enough.

Philip J.
1/26/2022
Great team, who always give us the time and patient with any questions we might ask!

Daniel A.
1/19/2024
I have been working with this firm for that last one year. They have always exceeded my expectations. All the staff members are extremely helpful. I have always been able to resolve any queries straight away. The level of professionalism is just unmatched. The directors are very easy to approach and usually respond to any emails or phone calls pretty much on the spot. I am extremely happy and satisfied with the service which I have continually received and I am very excited to work with this firm in the long run.

asad a.
10/26/2023
Have been through a number of accountancy firms over the past 25 years. Thankfully we found DS Burge & Co and we are super happy. They are 100% part of our team and trusted completely. Always proactive, always on time, always great pricing. Thanks Kieran and all!

Preston C.
2/17/2024

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)