CIS (Construction
Industry Scheme)

CIS Sub-contractor or contractor? grace bellairs Accountants has you covered

As a subcontractor, we can complete your return and ensure all your expenses are claimed. If you are a contractor, we can verify your subcontractors, ensuring you are making the correct deductions. 


What is CIS?

The construction industry scheme, or CIS as it is mostly known, is a scheme whereby contractors verify the status of their sub-contractors and deduct the relevant tax, either 20% or 30%.

However, for sole traders, deductions are made without any consideration for their personal allowance nor any legitimate business expenses. For limited companies, instead, this deduction is offset against any PAYE they may owe. 

How it works

What we do for you

At Grace Bellairs Accountants, if you are a sole trader, we can complete your return and make sure that all the expenses you can claim for are claimed and then work out whether or not you are due a rebate. If you are due a rebate we will get this processed ASAP for you and keep you updated every step of the way.

If you’re a contractor we can ensure that you are making the correct deductions by verifying your sub-contractors for you, and if you are also a sub-contractor we can liaise with HMRC to offset the CIS against your PAYE and claim a rebate if due.

Remember, if you are not registered with HMRC as a sub-contractor your contractor will have to deduct tax at 30%. It pays to be registered!


Got a question?

Can I switch to Grace Bellairs Accountants?

Of Course! We will discuss with you the best time in the year to switch to us. This could be during the financial year should you require, but generally it is best to switch at the end of the financial year.

Does Grace Bellairs Accountants offer fixed fees?

Yes!  All of our fees are agreed with you upfront and are split over 12 equal monthly payments.  These are paid by you via a standing order.  Fees will only change if you change the level of service.

Why should I have an accountant?

Whilst it is not a legal requirement to have an accountant file your statutory documents you may wish to consider a few things such as whether you have the time to dedicate to your accounts as any limitation in knowledge will cost you money, accountant’s fees are tax deductible and it is probably best for you to focus on the things that make you money.

Do you offer company secretarial services?

Yes we do. For a flat annual fee of £72 we can offer our address as your registered office. This means that your personal address is not on the public register. We can also provide a company formation service for a one off £150.

Fixed Fees

Committed To Transparency

We understand that our clients like to know exactly how much they are spending, which is why we agree a fixed fee before the start of the contract guaranteeing that there will be no surprise invoices.

Tailored Service

What Sets Us Apart

Not everyone has the same accounting needs which is the reason why we offer a free consultation service that allows us to sit with you and listen to your requirements. We then discuss the services that are relevant to you and your business and from there we can put together your accounting package.

Our Promise

Wealth Of Experience

With years of knowledge and expertise in accountancy, we can guide you and your business in the right direction. We offer the following:

Fixed Fees

Free Consultation & Support

& Extensive Knowledge

Personalised Service

See what people have to say

Our Client Feedback

We are proud to serve a variety of clients across a range of industries, including Construction, Digital Media, Travel, Events Planning & other service providers.

Callum Mackeonis

Daniel has often sacrificed a lot of his time to make sure that everything is right, and I really appreciate the care he has for us.

Lucie Ellis

Daniel has been my accountant for the last 3 years and I can’t rate him highly enough. He is very conscientious and addresses any queries in a timely and efficient manner. 

Julia Dowling

I wholeheartedly recommend Grace Bellairs to anyone seeking top-notch accounting services.

Aiden Pursglove

I have used Daniel for a few years and I can not recommend him highly enough. Daniel is very efficient, committed and on the ball. Daniel makes my accounts easy so I can fully concentrate on running my business.