If you’re managing sub-contractors within the construction industry, then you will be obliged to complete and send CIS returns to HRMC before the 19th of each month. If you fail to do so, you’re at risk of being fined £100 for being just a day late with your returns. As a smaller business you may not have the resources or time to manage this process for businesses in Oxford and Banbury each month. Love Management Accounts can handle this process from the outset and throughout, giving you more time to handle other day-to-day tasks in your organisation.
CIS Return services in Oxford and Banbury
We can handle a number of tasks for you including;
- We will register you with HMRC (HM Revenue & Customs) as a contractor
- Add and verify your sub-contractors with HMRC
- Make sure your sub-contractors are paid correctly
- Provide deduction statements to your subcontractors
- Keep your records in good condition and provide HMRC with monthly returns
If you’re looking for a friendly, professional and experienced team based in Oxford or Banbury. to deal with your CIS returns then do not hesitate to contact us. From an initial consultation, we aim to understand your individual needs and we will seek a solution that meets the needs of your business.