Construction Industry Scheme (CIS) & Tax Refunds
The Construction Industry Scheme (CIS) is HMRC’s framework for collecting income tax from individuals working in the construction industry as subcontractors rather than employees. Navigating CIS can be complex, but at AHN Accountants, our team is fully trained, qualified, and experienced in all aspects of CIS accounting.
Whether you work on a construction site or building project in London, Acton, Croydon, Bromley, Hackney, Islington, Hounslow, Harrow, Greenwich, or surrounding areas, we can manage your CIS obligations efficiently and accurately.
CIS Tax Refunds
While compliance with tax legislation is essential, overpayment of tax is a common issue under CIS. Many subcontractors overpay, sometimes significantly- our average CIS tax refund is £2,500.
Our team can assist you in claiming any refund you are entitled to, ensuring the process is quick, straightforward, and hassle-free. For online returns, refunds are typically received within two weeks.
Our CIS Accounting & Tax Services Include:
- Registration for CIS with HMRC
- Verification of subcontractors and contractors under CIS
- Calculation and deduction of CIS tax from payments
- Preparation and submission of CIS monthly returns to HMRC
- Management of subcontractor payments and records
- Reconciliation of CIS deductions with accounting records
- Assistance with CIS tax refunds, including identifying overpayments
- Liaison with HMRC on CIS-related queries or investigations
- Filing of self-assessment tax returns for subcontractors
- Guidance on allowable expenses and tax planning under CIS
- Advice on transitioning between employment and subcontractor status
At AHN Accountants, we provide a complete CIS service from start to finish, letting you focus on your work while we ensure compliance, maximise tax refunds, and reduce administrative burden.
Pricing
Affordable Pay-monthly Packages
individuals. We have arranged our services into easy to choose packages that suit your needs.
Start Ups
This price plan is suitable for the start-up companies who are not VAT registered.
£60
/Month
What’s Included
- Year-end accounts preparation and submission
- Corporation Tax returns
- Payroll & RTI submission for 1 employee
- Referencing for Director
- Tax Advisory & Tax Planning
- 1 Director
- 1 Shareholder
- Annual turnover should be less than 80K
- Assisting with correspondence from HMRC and Companies House
Limited Company
This price plan is suitable for the companies who are VAT registered and turnover is less than 100K with a couple of employees.
£120
/Month
What’s Included
- Year-end accounts preparation and submission
- Corporation Tax returns
- Monthly payroll including RTI submission for up to 2 employees
- Personal tax return [salary & dividends income only] (Free)*
- File confirmation statement (annual return) with Companies House
- Reference letters for Director only (Free)*
- MTD VAT returns submissions – quarterly
- Unlimited face to face advice and email support
- 1 Director
- 1 Shareholder
- Annual turnover should be less than 100K
Company Pro
This price plan is suitable for the companies who are VAT registered; turnovers are more than 100K and have 2 directors and shareholders.
£180
/Month
What’s Included
- Company formation (if required)
- Year-end accounts preparation and submission
- Corporation Tax returns
- Fulfil the compliance requirements with Companies House and HM Revenue & Customs
- Monthly payroll including RTI submission for up to 5 employees (Free)
- MTD VAT returns submissions – quarterly
- Personal tax return [salary & dividends income only] (Free)*
- File confirmation statement (annual return) with Companies House
- Reference letters for Director only (Free)*
- Unlimited face to face advice and email support
- 2 Directors
- 2 Shareholders
- Annual turnover should be less than 200K
