If you’re a sub-contractor working within the Construction Industry Scheme (CIS), you can get your annual tax refund back faster with Umbrella.co.uk. The average CIS rebate is around £2,000, but you can claim back even more with our tax experts.
Whatever you’ve got planned this summer - whether it’s a much-needed holiday, home or garden improvements or a real treat for your friends or family - make sure you’ve got the cash when you need it.
What is CIS and can I claim?
The Construction Industry Scheme (CIS) is a complicated tax arrangement that sees contractors deduct money from a subcontractor’s payments, passing it to HMRC.
The deductions count as an advance payment towards the subcontractor’s tax and National Insurance, but most of the time these deductions are too high and most construction sub-contractors can claim a refund each year.
By doing your CIS tax return, you can also claim back things like equipment, clothing, meals and travel to increase your refund.
As long as you’re self-employed and working as a sub-contractor for somebody else, you will usually be able to claim CIS.
Claiming money back through CIS doesn’t need to be complicated. If you’re a scaffolder, painter, bricklayer, plasterer, carpenter, electrician or another self-employed tradesman then you can get your money back sooner with Umbrella.co.uk.
Benefits of claiming back CIS with Umbrella.co.uk
- Money in your account faster - Get your CIS rebate much sooner when you work with our advisers.
- More money in your pocket - Our expert tax accountants will be able to advise you on all the CIS deductions you can use to maximise your rebate - including for things like meals and miles driven.
- Low fixed cost - Claim your CIS refund back for the low price of £150+VAT (until 31 August 2021)
Three-steps to getting your CIS refund with Umbrella.co.uk
Contact a member of our team to register your interest confirm that you qualify for a CIS refund.
Our experts will help you claim for every deduction and maximise your return. We’ll collect necessary receipts and keep them safe in case HMRC launch an investigation.
Sit back and wait for your cheque to arrive!.
Get your CIS refund started today. Speak to a member of our team, call: 0800 121 6513.