Construction Industry Scheme (CIS)

As Chartered Accountants in Shropshire, we’re experts in providing accountancy services to construction-based businesses. We work with a range of SMEs and family-owned and run businesses to provide advice on the Construction Industry Scheme (CIS) and if your business is in this field, we can help you too.

Businesses who may fall under the Construction Industry Scheme can include:

  • Building contractors and subcontractors in mainstream construction work
  • Any organisation that has a high annual spend on construction (typically more than £1 million per year)

For those who are not aware of what CIS is all about, this scheme is a set of rules that apply to the handling of payments made by contractors to subcontractors for the work.

The Construction Industry Scheme (CIS) can apply to all types of businesses that work in the construction industry in the UK, but it’s not just limited to organisations. Those who are self-employed individuals, working as sole traders, partnerships, companies, and limited liability partnerships, can also fall under this scheme.

If you work within this industry and need the support of a CIS Accountants in Shropshire, get in touch to learn how we can help you through our range of services designed for the Construction Industry Scheme.

Types of construction work covered by the CIS include:

  • Site preparation
  • General construction (bricklaying, roofing, plastering etc)
  • Alterations and extensions
  • Repairs and refurbishment
  • Decorating
  • Dismantling work