CIS TAX Returns in Reading
If you’re working in the UK construction industry as a contractor or subcontractor, understanding your obligations under the Construction Industry Scheme (CIS) is essential. Incorrect or late submissions can lead to serious penalties from HMRC. At Interface Accountants, we provide a reliable and timely CIS returns service in Reading, helping you stay compliant, get paid correctly, and avoid any costly errors.
What is CIS and Who Does It Apply To?
The Construction Industry Scheme (CIS) is a tax deduction system put in place by HMRC for individuals and companies operating in the construction sector. Under CIS, contractors must deduct money from a subcontractor’s payments and pass it to HMRC. These deductions are treated as advance payments towards the subcontractor’s tax and National Insurance.
If you’re a contractor, it’s your legal responsibility to register for CIS, verify your subcontractors, and submit monthly returns. If you’re a subcontractor, you need to ensure your status is registered so you’re not overtaxed and can claim back what you’re owed. Our experienced team assists both contractors and subcontractors with accurate and efficient CIS tax returns in Reading.
What Our CIS Returns Services Include
Whether you’re a one-person operation or managing multiple subcontractors on-site, CIS compliance can be time-consuming. We simplify the process by managing the paperwork and digital submissions on your behalf.
Our CIS Reading service includes:
- Registration with HMRC for CIS (contractors and subcontractors)
- Verification of subcontractor status
- Accurate calculation of deductions at the correct rate
- Preparation and electronic submission of monthly CIS returns
- Timely reporting to avoid HMRC penalties
- Statements of deduction for subcontractors
- Assistance with reclaiming CIS tax (if over-deducted)
- Reconciliation of payments with your accounting records
- Support with HMRC queries and compliance reviews
Why Choose Interface Accountants for CIS Returns in Reading
At Interface Accountants, we know the pressure that contractors and subcontractors face when it comes to compliance. With strict deadlines, complex verification procedures, and the risk of penalties, having a reliable partner makes all the difference. Our team provides hands-on support and takes responsibility for managing every part of your CIS returns in Reading, so you can focus on the worksite.
We ensure all submissions are accurate and on time, and we keep you updated with any changes in CIS regulations that may affect your business. You won’t need to worry about missing deadlines, incorrect deductions, or misunderstanding subcontractor rules — we’ll manage it all for you.
Who We Work With
Our CIS returns service in Reading is designed for businesses and individuals across the construction industry. From sole traders to growing contractors, we adapt our service to meet your exact needs and help reduce admin burden.
We regularly support:
- Contractors hiring and paying subcontractors
- Subcontractors needing help with tax returns and CIS deductions
- Construction firms managing multiple CIS-compliant projects
- Property developers employing short-term workers
- Renovation and repair companies working on various contracts
- Self-employed builders, plumbers, electricians, and roofers
Make CIS Compliance Simple
With Interface Accountants, managing your CIS responsibilities becomes simple and stress-free. We understand that time on site is valuable, and paperwork can be a distraction. Our tailored service ensures your business remains compliant with all HMRC requirements and avoids any unnecessary tax or penalties. We also help you keep accurate records and ensure that any overpaid deductions can be reclaimed promptly.
FAQs About CIS TAX Returns in Reading
CIS returns must be submitted to HMRC by the 19th of each month for payments made in the previous tax month. Missing this deadline can result in automatic fines.
Yes. You must submit a “nil return” even if you haven’t made any payments to subcontractors that month.
If you’re registered as a subcontractor and have had CIS deductions, these can be claimed back via your Self Assessment tax return or company tax return. We’ll help you file this correctly.
Typically, 20% is deducted if you’re registered with HMRC. If you’re not registered, 30% is deducted. Some subcontractors may qualify for gross payment status with no deductions.
Yes. We support clients on both sides of CIS and ensure all registration, reporting, and documentation is handled correctly.
Preparation of complete set of accounts by your dedicated accountant
Management Accounts Services Preparation and Reports
Submission to Companies House and HMRC within the stipulated time
Ensure thorough compliance with procedures and guidelines of HMRC
Accounting Software We Offer
We offer following different cloud-based accounting software to our clients:
