As is with Sole Traders, HMRC classifies CIS Subcontractors are Self-Employed and are legally obliged to file a Self-Assessment Tax Return to HMRC. Under the Construction Industry Scheme (CIS), contractors deduct money from a subcontractor’s payments and pass it to HM Revenue and Customs (HMRC). As a contractor you can claim this back by filing a Self-Assessment Tax Return to HMRC.
The vast majority of our CIS clients enjoy a CIS tax refund. We know exactly what business expenditure you can claim and you can and can’t claim for, so you can be sure that you’re getting the absolute maximum tax refund possible.
How easy will it be to claim a CIS tax refund?
We can help claim the tax refund from HMRC. Just fill out the contact us form at the bottom of the page and we’ll contact you as soon as possible to discuss the entire process.
How long does a CIS tax refund take?
We usually complete the accounts within 48 hours of receiving all the relevant information and documents. Once the accounts are complete and you are happy for them to submitted to HMRC, it can take up to 4 weeks to receive the tax rebate.