CIS The Construction Industry Scheme (CIS) sets out the rules for how payments to subcontractors for construction work must be handled by contractors in the construction industry. SafePay Ltd have a number of years experience within the construction industry and with many companies using this scheme,  we offer full support for wages and sub contractor payments under the construction scheme.

You can rest assured that all paperwork is filed correctly and on time.

Benefits:-

1.    Contractor Registration – We register you with HMRC (if a new employee) as both an employer and contractor.

2.    Verification – handling online verification of sub contractors.

3.    Deductions from payments – dependant on status, either gross 20% or £30%.

4.    Statement of deduction – provided for each sub contractor at the end of each month.

5.    Reports – detailed management reports as required.

6.    Monthly returns – as per the CIS and HMRC requirements