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What is Construction Industry Scheme? How Does It Work?

April 3rd, 2021

What is Construction Industry Scheme? How Does It Work?

CIS – Construction Industry Scheme  is a tax collection system whereby main contractors, and other organizations undertaking a significant amount of construction work, must deduct income tax from payments to subcontractors, and account for that tax to HMRC as payments on account.

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Option to Tax: Reclaiming VAT on Property Developments

June 30th, 2017

Option to Tax: Reclaiming VAT on Property Developments

A business has the choice of whether to charge VAT on the sale

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Top Five Accounting Errors Construction Companies Make

July 19th, 2016

Top Five Accounting Errors Construction Companies Make

we throw light on this topic by briefly pointing to the top five…

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