Construction and trades
Builders, electricians, plumbers, decorators and other trades have the Construction Industry Scheme on top of the usual accounts and tax. Contractors must verify subcontractors, deduct the right amount and file a return every month; subcontractors need their deductions tracked and claimed back. Anewthing runs the scheme for both.
The same practical support covers the rest of the business: bookkeeping that keeps materials and labour separate, VAT including the domestic reverse charge for construction services, payroll for employees, and year-end accounts and tax returns.
How Anewthing helps
- CIS registration for contractors and subcontractors
- Verifying subcontractors and monthly CIS returns
- Claiming CIS deductions back, and gross payment status applications
- VAT, including the domestic reverse charge for construction
- Payroll for employed staff
- Bookkeeping, year-end accounts and tax returns
Services for construction and trades
- Enquire about Construction Industry Scheme (CIS)
Construction Industry Scheme (CIS)
Construction Industry Scheme support for contractors and subcontractors: CIS registration, verifying subcontractors, monthly returns and reclaiming deductions.
- Enquire about Payroll and PAYE
Payroll and PAYE
Payroll run for you: payslips, RTI submissions, starters and leavers, statutory pay, student loans, pensions information, year-end forms and CIS returns.
- Enquire about Bookkeeping
Bookkeeping
Outsourced bookkeeping: invoices, receipts and bank transactions processed and reconciled, ready for accounts, VAT returns and Making Tax Digital.
- Enquire about VAT returns
VAT returns
VAT returns prepared and reviewed under Making Tax Digital, with invoice and calculation checks, VAT planning and support during HMRC inspections.
- Enquire about Tax returns and planning
Tax returns and planning
Self Assessment tax returns prepared and filed for the self-employed, partners, directors and landlords, with planning and Making Tax Digital for Income Tax support.
- Enquire about Accounts preparation
Accounts preparation
Year-end accounts for sole traders and partnerships, and statutory accounts for limited companies, LLPs and charities, explained in plain English.
Common questions
How much is deducted under CIS?
Contractors deduct 20% from registered subcontractors and 30% from unregistered ones. Subcontractors with gross payment status are paid in full.
When are CIS returns and payments due?
The monthly return is due by the 19th of each month for the tax month just ended, and deductions are paid with PAYE by the 22nd if paying electronically.
Talk to Anewthing about what you need
Tell us what you need. The scope and fee are agreed before work begins.