Construction Industry

Working in the construction industry comes with additional reporting requirements, and a unique set of rules!

The Construction Industry Scheme (CIS) sets out special rules for tax for those working within the construction industry.

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For Contractors we can advise and guide you through your obligations, from monthly CIS returns to HMRC to verifying your subcontractors.

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If you are a subcontractor just starting out, we can advise on how the scheme works for you and help get the tax reclaimed at the end of the year, and even advise on the options for Gross status. 

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In addition to the CIS scheme the construction industry also falls subject to Domestic Reverse Charge for VAT. At Peter Price we are here to advise and support you with these industry specific HMRC requirements. 

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Whether you are a Contractor or Subcontractor we are here to help!