Payroll and CIS Derby - Alpha Accountancy Services

CIS

The Construction Industry Scheme (CIS) sets out the rules for how payments to sub-contractors for construction work must be handled by contractors in the construction industry.

The Construction Industry Scheme is a set of special rules for handling payments for construction work that contractors make to sub-contractors. The scheme covers all ‘construction operations’ carried out in the UK as well as other related work. If your business is involved in construction operations, you might operate as a contractor or sub-contractor or even as both.

There are strict filing deadlines when filing the monthly CIS returns to HMRC and failure to comply with these will result in a penalty, even if the deadline goes over by just one day. We can relieve you from the stress of completing the returns and provide your sub-contractors with their monthly CIS deduction statements.

Payroll Services

Whilst all employees rightly demand punctual payment, it can consume valuable management time to complete payroll tasks. Small businesses in particular find the compliance and operation of a payroll particularly onerous. Larger businesses find that too much managerial time is spent operating and administering it. Our service releases them from the burden, to focus on their core business roles.

We offer a dedicated payroll service including:

• Setting up new employees and dealing with required paperwork

• Providing computer generated payslips

• Advising you when and how much to pay to HM Revenue & Customs for PAYE and NI

• CIS processing for subcontractors and Contractors Monthly Return

• Real time reporting (RTI)

• Dealing with an employee leaving, including producing the P45